US investigated alleged Chinese spy plot aimed at Nvidia’s CEO

US intelligence agencies spent roughly a year surveilling a top executive of Megaspeed, a Singapore-based AI cloud company, over possible ties to China, according to a New York Times report relayed by TechCrunch. The executive, Alice Huang, also known as Huang Le, had been photographed alongside Nvidia CEO Jensen Huang at several business dinners in the region.

Citing anonymous sources, the Times reported that investigators were focused on her relationship with China, and that what alarmed them was how close she had become to Jensen Huang. The reported concern was less about chip transactions than about access: an executive close to Jensen Huang might have seen Nvidia’s roadmaps and its lobbying strategy toward China.

Nvidia rejected the implication. A company spokesperson told TechCrunch that Jensen Huang’s interactions with the Megaspeed executive were no different from those with any other regional customer. “Meetings with customers are part of a C.E.O.’s job; Jensen talks with thousands of customer executives every year,” the spokesperson said in an emailed statement.

The spokesperson added that regional cloud customers receive ordinary business information, not sensitive Nvidia trade secrets, and nothing relevant to national security. That statement is Nvidia’s public response so far; the underlying reporting rests on anonymous sources.

Megaspeed is not new to regulatory attention. In 2025, the Times reported that the Commerce Department had investigated the company over concerns it was helping Chinese firms sidestep AI chip export rules by reselling restricted chips, with Alice Huang described at the time as a top executive.

The episode braids together three threads that Washington has been pulling on: AI chip export controls, the cloud intermediaries that sit between Nvidia and overseas buyers, and the access senior executives grant to customers. In markets such as Singapore, AI cloud firms are both valuable Nvidia customers and potential conduits for restricted compute bound for China.

No charges or public court filings have surfaced, and the report does not say whether the surveillance is still active. The questions to watch are whether the Times’ reporting leads to formal proceedings, and whether Nvidia’s commercial relationship with Megaspeed comes under closer scrutiny as a result.