“Alice Huang imports NVIDIA chips from Indonesia in 2024… jointly establishes Chinese AI company”

There was a local report that a Hong Kong company owned by Alice Huang (Chinese name Huang Le), who was accused of having an affair with former Nvidia CEO Alice Huang, imported Nvidia chips from Megaspeed's Indonesian subsidiary in 2024.

As suspicions that Nvidia chips were imported into mainland China through Alice Huang remain unresolved, he is also known to have co-founded a Chinese AI computing company in the same year.

According to Hong Kong local media hk01 on the 13th, it was revealed that Alice Huang imported NVIDIA chips and data center equipment from Megaspeed's Indonesian subsidiary to the Hong Kong company in 2024 after resigning from her position as director of the Singaporean company Megaspeed.

The Hong Kong company in question was VFO International, a Hong Kong company of which Alice Huang was the sole director and shareholder.

Alice Huang established 'VFO Health and Beauty Co., Ltd.' (Fengjun Health and Beauty Consulting Hong Kong Co., Ltd.) in Hong Kong in 2018.

Since then, the name has changed several times, and in January 2024, it was renamed to 'VFO International Group Limited'. The Chinese mission statement has been deleted.

VFO appears to have procured the quantity from Megaspeed's Indonesian subsidiary 'PT Megaspeed International Indonesia'.

A report released by the U.S. think tank Center for Advanced Defense Studies (C4ADS) in September this year pointed out that VFO received 800G optical transceivers used in the AI ​​computing center from Megaspeed's Indonesian subsidiary.

In the same year, VFO jointly invested with Shiji Litong, an affiliate of Shanghai Stock Exchange listed Litong Electronics, to establish Juxuanxunwei, an artificial intelligence (AI) computing company in mainland China. VFO's shareholding was 34%.

However, the following year, in 2025, Alice Huang transferred all shares of VFO to Linden Vale Limited, registered in the British Virgin Islands, and resigned from her position as VFO director. VFO also sold all of its shares in Zhu Xuanxunwei.

At the time, it was not confirmed whether the Nvidia chips that VFO imported from Megaspeed's Indonesian subsidiary entered mainland China via Hong Kong.

Alice Huang is suspected of being involved in the indirect supply of Nvidia's advanced semiconductors, which are subject to U.S. export controls, to China while working for the Chinese intelligence agency.

Previously, the U.S. information technology (IT) media outlet The Information, citing two sources, reported that Alice Huang used her relationship with Jensen Huang to help major Chinese technology companies secretly use about 240,000 AI chips (worth at least 7.5 billion dollars, approximately 10 trillion won) from NVIDIA.