
Huang Renxun's extramarital affair has spread. The alleged target, Huang Le, was a former director of Megaspeed, and Singapore has banned him from entering the country.
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The extramarital affair of Huida founder Huang Renxun has spread. One of the alleged targets, Huang Le, was a former director of Megaspeed, and Singapore has banned him from entering the country. Megaspeed is suspected of circumventing U.S. export controls and transferring Huida AI chips to China. Malaysia and Singapore have both launched investigations.
The extramarital affair of NVIDIA founder Jen-Hsun Huang is spreading. Malaysia said today that it is investigating Speedmatrix, a subsidiary of Megaspeed International, to find out whether it involves the transfer of advanced AI chips to other countries.
According to reports from Agence France-Presse and Reuters, Jen-Hsun Huang has been having extramarital affairs. US media reports have pointed out that one of the targets is Alice Huang, a suspected Chinese spy and a former director of Singapore data center operator Megaspeed.
Megaspeed is under strict scrutiny for allegedly circumventing U.S. export control regulations and transferring Huida AI chips to China.
The Malaysian Ministry of Investment, Trade and Industry (MITI, referred to as the Ministry of Trade and Industry) stated that Megaspeed’s local subsidiary Speedmatrix is a Malaysian data center lessee and can transport AI chips into Malaysia without obtaining a permit or license.
But since July last year, any industry that wants to "export, re-export, transship or transit U.S. high-performance AI chips from Malaysia" must obtain a license.
The Ministry of Trade and Industry said in a statement that providing false information about such items to customs authorities would constitute a "serious illegal act." "Therefore, the Ministry of Trade and Industry is cooperating with the Royal Malaysian Customs Department to confirm whether the chips shipped into Malaysia have been re-exported to other countries, and whether the relevant re-export activities are handled in accordance with the law."
The Department of Trade and Industry said Speedmatrix "has never been ruled out as being involved in any wrongdoing".
The Ministry of Trade and Industry said it was also working "closely" with the relevant authorities in Singapore and the United States and "considering further measures to strengthen controls where necessary."
Neighboring Singapore is also investigating Megaspeed. Relevant Singaporean authorities stated that servers equipped with these chips were exported to Malaysia via Singapore, but it is suspected that they were actually shipped to other destinations, which is inconsistent with what the industry declared in Singapore.
Huida's extramarital affair scandal raised national security concerns and put the AI industry in an unprecedented situation. The company's market value has evaporated by nearly US$500 billion as a result.
Singapore said yesterday it would ban Huang Le from re-entering the country in February this year because she provided investigators with false information about her employment at Megaspeed, but authorities were not investigating her for espionage.
AI outlook — possibilities, not facts
Malaysia and Singapore will strengthen supervision and law enforcement cooperation on the import and export of AI chips
Likely · Within weeks
Huida's market value and share price will still be under pressure in the short term
Likely · Within weeks
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Huang Ren, co-founder of Huida, stepped down as CEO and was replaced by Chief Financial Officer Colette Kress. Former anchor Qiu Qinyi questioned, "Would Huida without Huang Renxun still be Huida?" She disagreed with his behavior of hurting his family, but thanked him for bringing Taiwan to global attention. She believes that the incident involves emotions, money, power, the technological rivalry between the United States and China, and national security. Speculation is not evidence, and relevant doubts should be submitted to investigation. She cited the retirement of Zhang Zhongmou and the handover of the baton from Steve Jobs to Cook as an example. She believed that the departure of the founder does not mean that the company has lost its competitiveness, but whether the successor can continue the leadership style is a test. Investors should pay attention to whether the AI investment strategy changes, as TSMC and Taiwan’s AI supply chain may be affected. She finally thanked Jen-Hsun Huang for his years of support and international exposure to Taiwan’s supply chain, and said that the long-term development of AI will not disappear just because one person leaves. Companies still have the risk of invisible financial reports. “The fate of the founder may not be equal to the fate of the company.”

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Huida CEO Huang Renxun resigned after a series of extramarital scandals involving Huang Le, a Chinese woman suspected of being a Chinese spy. The New York Times reported that two people familiar with the matter revealed that U.S. President Trump called Jen-Hsun Huang on the 10th to urge him to continue fighting to keep his position. Trump received at least two warnings from intelligence agencies about the relationship between Huang Jen-Hsun and Huang Le, but failed to take action and publicly supported them on many occasions. The report pointed out that Trump regards Huang Renxun as a modern version of Henry Ford, believes that Huida's fate is closely related to the U.S. economy and the stock market, and is worried that Huang Renxun's resignation may cause the stock market to plummet. Representatives for Huang did not comment on the report, and Trump and the White House did not respond to requests for comment.