Megaspeed Denies Wrongdoing Amid Nvidia CEO Scandal

On November 15, 2026, a prominent Singapore company, Megaspeed International, spoke out about the allegations that have entangled Nvidia’s former CEO, Jensen Huang. The company at the heart of the controversy stated that Alice Huang, suspected of espionage, had left their organization in August 2025.

Despite the seriousness of these claims, Megaspeed refuted any unlawful conduct. In a statement to CBS News, they asserted their commitment to conducting business legally. The company clarified that Alice Huang, known as Huang Le, has no ties with them since her departure. They refrained from addressing allegations of her being a spy for China.

“Megaspeed does not comment on Ms. Huang’s personal and private matters,” the statement read.

Alice Huang, once holding a significant role at Megaspeed, is accused by U.S. intelligence of associating with China’s Ministry of State Security. Her alleged ties to Jensen Huang, who resigned from his CEO position at Nvidia, have raised suspicions.

Investigations indicate that Alice Huang may have used her industry connections and several shell companies to secretly obtain 240,000 Nvidia chips that were banned for export to China. A screenshot from CTI video footage shows Alice Huang dining with Jensen Huang in Taipei, Taiwan, in May 2025, highlighting their connection.

Over the past three years, Megaspeed has emerged as a major Nvidia client, investing nearly $5 billion in AI chips and advanced hardware, according to The New York Times. Initially founded as an extension of a Chinese gaming company, Megaspeed expanded its reach through access to Nvidia’s technology.

The company now faces scrutiny in both the U.S. and Singapore concerning allegations of smuggling Nvidia’s restricted AI chips into China. They defended themselves by stating that these claims lack credible evidence.

“Megaspeed designs and maintains its global operational and supply-chain control frameworks to comply with all applicable laws and regulatory regimes, including United States export control requirements and local rules in every market where we operate,” the company reported.

Amid this unfolding scandal, former President Trump announced an FBI investigation into the professional and personal ties between Jensen Huang and Alice Huang. CBS News learned that Singapore had confiscated Alice Huang’s passport in mid-2025 while seeking U.S. cooperation to probe the alleged smuggling activities.

Despite attempts, the Singaporean authorities claimed a lack of substantial assistance from the U.S. Although they pressed for support, meaningful aid from Washington was reportedly not forthcoming at that time.