Breaking
AUAlcaraz downs Shelton in final to claim maiden Paris Masters titleAUCoach Aloisi oversees stunning capitulation in Chinese Super League title raceAUMan in waiting room dies after car crashes into medical centreITNvidia, Huang admits the relationship with the Chinese spy: "I was unfaithful". But he doesn't resignCNZhejiang Provincial College “Three Major Football” Campus Super League kicks off in Hangzhou, ZhejiangCNFree Lectures" Gao Jin Sumei accepts financial aid from the CCP. What kind of "friendly exchange" is considered?SAWirtz breaks league duck as Liverpool beat Palace 3–1 to climb into top fourCNJen-Hsun Huang cheated on me! The spy mistress' "crazy background" was exposed and the inside story of their acquaintance was revealedCNWTT Frankfurt Championship: Tomokazu Harimoto and Hina Hayata reach the topFRThe boss of the MMA spokesperson for the White House? Trump says it was a 'joke'AUAlcaraz downs Shelton in final to claim maiden Paris Masters titleAUCoach Aloisi oversees stunning capitulation in Chinese Super League title raceAUMan in waiting room dies after car crashes into medical centreITNvidia, Huang admits the relationship with the Chinese spy: "I was unfaithful". But he doesn't resignCNZhejiang Provincial College “Three Major Football” Campus Super League kicks off in Hangzhou, ZhejiangCNFree Lectures" Gao Jin Sumei accepts financial aid from the CCP. What kind of "friendly exchange" is considered?SAWirtz breaks league duck as Liverpool beat Palace 3–1 to climb into top fourCNJen-Hsun Huang cheated on me! The spy mistress' "crazy background" was exposed and the inside story of their acquaintance was revealedCNWTT Frankfurt Championship: Tomokazu Harimoto and Hina Hayata reach the topFRThe boss of the MMA spokesperson for the White House? Trump says it was a 'joke'
BackJen-Hsun Huang cheated on me! The spy mistress' "crazy background" was exposed and the inside story of their acquaintance was revealed
Jen-Hsun Huang cheated on me! The spy mistress' "crazy background" was exposed and the inside story of their acquaintance was revealed
BREAKING
自由时报12 minutes agoBusiness3 min readChinaView original

Jen-Hsun Huang cheated on me! The spy mistress' "crazy background" was exposed and the inside story of their acquaintance was revealed

Huida launches independent investigation, Megaspeed suspected of circumventing U.S. export ban and subleasing high-end chips

Quick Look

  • Huida CEO Huang Renxun admitted to having an affair with suspected Chinese female spy Huang Le, and Huida has established an independent investigation committee.
  • Megaspeed, a company owned by Huang Le, is suspected of circumventing the U.S. export ban by registering in Singapore and importing at least 136,000 Huida GPUs.
  • The whereabouts of more than 130,000 high-end chips are a mystery.

AI-generated summary

Why It Matters

The United States has imposed an export ban on high-end AI chips. As a Singapore-registered company, Megaspeed can legally obtain the chips, but U.S. intelligence officials suspect that it is involved in espionage and subleases the chips to Chinese technology giants. Huida CEO Huang Renxun admitted having an extramarital affair with Huang Le, and Huida's board of directors has established an independent investigation committee.

Font size

[Financial Channel/Comprehensive Report] The CEO of Huida admitted that he had an affair with Huang Le (also known as Alice Huang), a suspected Chinese female spy. Huida has launched an independent investigation into this, shocking all walks of life. Foreign media uncovered the heroine Huang Le's "super crazy resume" and the mystery of high-end chip smuggling involved behind it.

Who is Huang Le?

According to comprehensive media reports, Huang Le has extremely impressive shopping experience. She claims to have 4 years of media experience and has worked for China Hunan Satellite TV and the state-owned media CCTV.

After that, Huang Le moved to the financial industry and served successively as assistant to the president of HSBC Private Banking Department, vice president of the business line of CITIC Securities, and executive director of Shanghai Hexi Investment.

However, when interviewed, a supervisor at Hunan Satellite TV bluntly stated that he had "never heard of this person" and emphasized that if Huang Le had really served as a reporter, there would be a relevant introduction on the official website. However, no information about Huang Le can be found on the websites of Hunan Satellite TV and CCTV.

Regarding Huang Le's working experience in the financial circle, HSBC and CITIC Securities both declined to comment.

The whereabouts of 130,000 Huida GPUs remains a mystery

What’s even more shocking is that Bloomberg and other media previously reported that Megaspeed, to which Huang Le belongs, is Huida’s AI chip customer. Since the company is registered in Singapore and is not a Chinese company, it can successfully avoid the US export ban and obtain chips.

U.S. intelligence officials have obtained tips and suspect that Huang Le has been absorbed by Chinese intelligence agencies. He is suspected of obtaining core secrets by approaching Huang Renxun and privately subletting powerful computing power to Chinese technology giants such as Alibaba.

From its establishment in 2023 to November 2025, Megaspeed imported at least US$4.6 billion in Huida hardware and at least 136,000 graphics processing units (GPUs), more than half of which were of the Blackwell generation. However, when Huida personnel visited Megaspeed's data center, they found only a few thousand of the latest chips in the data center. The whereabouts of the remaining more than 130,000 high-end chips remained a mystery.

The U.S. Department of Commerce has previously launched a chip smuggling investigation into Megaspeed and handed the results to the Department of Justice this year. Recently, rumors about Huang Renxun and Huang Le's extramarital affair have spread, which can't help but make people think about it.

How did Huang Renxun and Huang Le meet?

It is interesting to see how the two meet. According to media reports, in June 2024, during the Taipei International Computer Show (COMPUTEX), Huang Le met with senior executives of the technology industry in a bar in Taipei. According to the New York Times, NetThunder CEO Parker Schmitt revealed that Huang Le said at the time that there was a way to invite Huang to be present. Huang Renxun then appeared with two other Huida executives, leaving a deep impression on those present.

The New York Times also quoted technology industry investors familiar with Megaspeed as saying that Huang Le and his partners had shown their relationship with Huang Renxun to the outside world to expand their investment contacts.

Relevant photos later appeared on the LinkedIn page of technology company NetThunder. However, people familiar with the matter also said that Huang Renxun had originally planned to attend the party.

As for whether the two have known each other for a long time and what their actual friendship is, it is still unclear.

In May 2025, Huang Renxun visited Taiwan again, and Huang Le also appeared at a business dinner at Sanliu Restaurant. At that time, some media captured a scene of the two people talking side by side; after the dinner conversation, Huang Renxun was interviewed by reporters outside the restaurant, and Huang Le also appeared behind him. Two gatherings in Taipei left identifiable public records.

Jen-Hsun Huang apologizes, Huida launches independent investigation

Faced with the expansion of the controversy, Huang Jen-Hsun stated in the letter, "I was unfaithful to my wife. My actions hurt her and our children. There is no excuse for what I did. I am deeply sorry." He emphasized that he would take full responsibility for the harm he caused, accept criticism from all walks of life, and fully cooperate with the investigation to protect U.S. national security.

The Financial Times disclosed on November 7 that U.S. officials had written a memorandum based on intelligence information, stating that Huang Le and Huang Renxun had a close relationship. Exactly when the two met and how their relationship developed remains a mystery.

Huida's board of directors announced on the 8th that it had established a committee composed of independent directors and hired external legal counsel to comprehensively investigate whether Huang Renxun had become a target of foreign intelligence agencies.

Huida emphasized that there is currently no evidence that U.S. national security or company secrets have been compromised. Huang Renxun will continue to be at the helm of Huida and daily operations will not be interrupted. Megaspeed, which was involved in the storm, issued a statement stating that it has hired external consultants to launch an internal investigation and promised to fully cooperate with the US government to clarify the truth.

China denies that Huang Le was involved in the espionage operation against Huang Renxun.

What to Watch

AI outlook — possibilities, not facts

  • The U.S. Department of Justice will file criminal charges against Megaspeed and related individuals

    Likely · Within months

  • Huida Independent Commission of Inquiry to release report on whether Jen-Hsun Huang was targeted by foreign intelligence agencies

    Very likely · Within weeks

Open Questions

  • When did Huang Le and Huang Renxun meet and how did their relationship develop?
  • The final destination of more than 130,000 high-end GPUs
  • Is Huang Le indeed a member of the Chinese intelligence agency?
  • Has Huida’s secret been leaked?

Related Topics

This article was originally published by 自由时报.

Related Stories

The CIIE allows overseas small, medium and micro enterprises to be "visible"
Business·

The CIIE allows overseas small, medium and micro enterprises to be "visible"

The ninth CIIE attracted nearly 13,000 overseas small, medium and micro enterprises to participate in the exhibition, including Nepalese cashmere merchant Shankar Koirala, Dutch start-up HaptonTech and Omani frankincense brand Luban Island. Through the exhibition and the "6+365 days" model, the Chinese market was explored. The Hongqiao Product Exchange platform brought together more than 85,000 products from more than 120 countries and regions.

中国新闻网
3 min read
Biosimilar drug of diabetic bone pine has applied for Japanese drug license and will be on the market by the end of 2027 at the earliest
Business·

Biosimilar drug of diabetic bone pine has applied for Japanese drug license and will be on the market by the end of 2027 at the earliest

The osteoporosis biosimilar drug SPD8 (Denosumab) jointly developed by Taiwan Sugar Alliance and Japan's Mitsubishi Gas Chemical has submitted an application for manufacturing and sales approval to Japan's PMDA, and is expected to obtain Japanese approval as soon as the end of 2027. Sugar Alliance has global sales and commercialization rights outside Japan, and its sales will reach US$6.5 billion in 2025 based on the original drug.

自由时报
2 min read
Green, low-carbon, medical and health: new opportunities during the “15th Five-Year Plan” in the eyes of foreign exhibitors
Developing·

Green, low-carbon, medical and health: new opportunities during the “15th Five-Year Plan” in the eyes of foreign exhibitors

The 9th China International Import Expo was held in Shanghai, and today is the fourth day and the first public open day. Executives of many multinational companies have expressed great concern about China's "15th Five-Year Plan" and will increase investment and launch new projects. Green, low-carbon and medical health have become key words. Helion announced an investment of RMB 600 million to build a dental production base in Lingang, Shanghai. Dun & Bradstreet's local R&D investment in China exceeded its revenue by more than 5%.

中国新闻网
3 min read
From the entrance to the Expo to the open door丨China is the first choice for R&D, and innovation goes to the world
Business·

From the entrance to the Expo to the open door丨China is the first choice for R&D, and innovation goes to the world

The beauty exhibition area of the 9th China International Import Expo showcases the R&D innovation of foreign-funded enterprises in China. Products jointly developed by L'Oreal and Chinese startups have been deployed in more than 9,000 hair salons around the world. Estee Lauder's Shanghai R&D center has nearly 200 scientists. Guangyin Technology has transformed laboratory technology into a portable skin tester through a co-creation plan. More and more R&D innovations are being carried out in China and going from China to the world.

中国新闻网
3 min read
More on this topicHuang Le