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Nvidia, Megaspeed and the questions around Jensen Huang

A former television reporter’s rise at Megaspeed, a company that bought $4.8 billion in Nvidia chips, has drawn scrutiny after reports linked her to Jensen Huang and alleged ties to China’s intelligence service. China denies the allegation, while the case has sharpened questions about Nvidia’s relationships and chip exports.

Nvidia, Megaspeed and the questions around Jensen Huang

Alice Huang, who is not related to the Nvidia chief executive, was photographed with Jensen Huang at a Taipei bar in 2024, around the time she became an executive at Megaspeed. The New York Times reported that the company’s well-funded push into artificial intelligence appeared to come out of nowhere. Alice Huang has been alleged to have been recruited by China’s Ministry of State Security; Beijing denies the claims.

Megaspeed has ties to the Chinese military and builds data centers in Southeast Asia, with offices in Singapore and Indonesia, to sell computing capacity to Alibaba, according to the source article. The Nvidia chips used for that business are banned from being imported into China. Nvidia, in turn, has lobbied intensely to remove controls on chip exports so it can sell in the Chinese market.

The article also points to the need for a Megaspeed spokesperson to tell The New York Times that the company does not disclose classified information to customers. It identifies Secretary of State Marco Rubio as a source of public information on the matter, but the supplied text ends before explaining what he disclosed.

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