Jen-Hsun Huang had an extramarital affair with a female spy, and the flow of US$4.8 billion in AI equipment has attracted much attention

Huida CEO Jen-Hsun Huang admitted to having an extramarital affair with suspected Chinese female spy Huang Le (also known as Alice Huang). The flow of US$4.8 billion (approximately NT$158.136 billion) of advanced AI equipment purchased by Megaspeed, a Singaporean data center company where Huang Le once worked, has once again attracted attention. Both the United States and Singapore are continuing to investigate.

Megaspeed is one of many companies buying chips to build data centers in Southeast Asia and then leasing computing power to Chinese companies. Megaspeed is essentially a middleman, buying Huida chips from the U.S. arm of Chinese server maker Inspur Group. The United States has blacklisted Inspur Group's parent company for shipping technology to the Chinese military, but the U.S. company has not yet been sanctioned.

Megaspeed then provides these computing capabilities to Chinese companies such as Alibaba. U.S. officials believe the company is part of a large-scale international campaign by Chinese companies to obtain chips needed to build and run artificial intelligence. Investigators suspect that some Huida chips purchased by Megaspeed are also flowing into China illegally.

According to records from the trading platform ImportGenius, Megaspeed’s sister company in Malaysia spent at least US$4.8 billion (approximately NT$) between June 2024 and February 2026 to purchase advanced AI equipment including Huida chips and technology. That's a lot of money for a small, unknown company.

Since this year, the business relationship between Huida and Megaspeed has continued. Data shows that Megaspeed and its affiliates continue to purchase Huida's products, usually through intermediaries.

To prevent chips from being smuggled into China, Huida evaluates buyers before approving chip purchases and sometimes checks afterwards to see if the buyer still has the chips. The company still lists Megaspeed as a cloud partner on its website, and Megaspeed is still promoting the partnership. In the recruitment advertisement for the Indonesian branch, Megaspeed claimed to be "Huida's top business partner."

Megaspeed has continued to serve Alibaba, its main customer, according to people familiar with the matter and technology industry analysts.

In June 2024, a few weeks before Megaspeed started purchasing, a photo posted on LinkedIn showed that after attending a technology trade show, Huang Renxun and then-Megaspeed executive Huang Le appeared in a bar in Taipei, socializing with other AI industry executives.

In May 2025, the two were in the same frame again, when they had a business dinner with other AI suppliers. When Huang Renxun was interviewed by reporters outside the restaurant, Huang Le could be seen waiting aside.

The U.S. government has been investigating Megaspeed since late 2024, when a Commerce Department official visited the company's data center in Malaysia and found Huida equipment still packed in boxes, indicating they may be being shipped in or preparing to be shipped out, rather than being installed.

Singapore has also launched an investigation into Megaspeed. In 2025, Singaporean authorities questioned Huang Le but later released him. U.S. officials said the Commerce Department’s investigation into Megaspeed was handed over to the Justice Department this year.

As the news that Huang Le was suspected of being a spy came out, Huang Renxun said in an interview with the media on October 29 that the relationship between Huida and Megaspeed’s senior management was legitimate, and the company had confirmed that Megaspeed had not illegally exported Huida’s AI processors to China. China is banned from buying Huida's powerful AI chips under U.S. export regulations.

Megaspeed continues to push for new data center projects, recruit employees and tout its close relationship with Huida, according to industry analysts, online recruiting information and other records.

In September, a Malaysian property developer said in a stock exchange filing that it had received the final payment from a Megaspeed subsidiary to build a data center on its land. The company has already secured the chips needed for construction, according to people familiar with the matter.