Famous expert shares ~ Feng Jingqian》Huang Renxun was really carried away by semen?
Hong Kong writer Feng Jingqian analyzes the commercial and geopolitical impacts behind Huang Renxun’s cheating rumors and Megaspeed chip procurement
Quick Look
- The article analyzes the relationship between Huida CEO Jen-Hsun Huang and Huang Le, an executive of Singaporean company Megaspeed, as well as the controversy over Megaspeed's purchase of billions of dollars of Huida chips that may involve transshipment to China.
- The article mentions the New York Times report and the U.S.
- Department of Commerce investigation, and discusses whether Huang Renxun knew about it and its potential impact on U.S.-China technology competition.
AI-generated summary
Why It Matters
After the Biden administration implemented chip export controls in October 2022, Megaspeed's predecessor, Seventh Avenue, spun off its Singapore business and sold it. After the equity transfer in November 2023, Megaspeed was certified by Huida as an Nvidia Cloud Partner. The New York Times reported on a related investigation in October 2025.
Huida CEO Huang Renxun secretly ate Huang Le, who was suspected to be a Chinese female spy. This international-level derailment must be epic and expensive.
There is no doubt that the most extravagant and extravagant affair in human history was Huida CEO Huang Renxun secretly eating "female spy" Huang Le. After Huang Renxun admitted that he was unfaithful to his wife, Huida's stock price fell by nearly 5% before the market opened, and its market value suddenly evaporated by US$200 billion. "Perhaps it was because he wanted to help her" - the Chinese woman Alice Huang who became famous overnight.
The cheating of ordinary people is not worthy of comment, but Jen-Hsun Huang is not an ordinary person. Whoever holds his purse will hold the lifeline of global science and technology, which is enough to influence the competitiveness between the United States and China. Although the heroine Huang Le is not like Helen of ancient Greece, who has "a look that can make a thousand warships launch," she definitely has the means to smuggle 100,000 chips. If Huang Jen-Hsun's affair was just to be unfaithful to his wife and "commit a mistake that all men in the world would make," the public would certainly not have to comment. What I'm most afraid of is that it's not that simple.
The relationship between Huang Renxun and Huang Le can be traced back to a scene in a Taipei bar one night in June 2024. As an executive of Singaporean company Megaspeed, Huang Le was partying at a bar with a group of technology industry executives. According to Parker Schmitt, CEO of software supplier NetThunder, who was present, Huang Le boasted: "I bet you, I can call Jen-Hsun Huang here." After a while, Huang Jen-Hsun showed up wearing his signature black leather jacket and drank whiskey with everyone. NetThunder subsequently posted a group photo of Huang Renxun, Huang Le and others on LinkedIn.
The above intriguing story is actually not new news today. It was first seen in the report "A Mystery C.E.O. and Billions in Sales: Is China Buying Banned Nvidia Chips?" published in the New York Times in October 2025. At that time, reporters even checked Malaysian trade records and pointed out that within a few weeks of that Taipei bar party, Megaspeed began to steadily receive millions of dollars worth of Huida's most advanced chips.
However, looking more seriously, the cooperation between Huida and Megaspeed has quietly begun as early as 2023. On the surface, Megaspeed is a Singaporean company, but in fact it is closely related to the CCP - its predecessor is the Chinese online game company "7Road", and its shareholders include the CCP central government and multiple local governments. In October 2022, the Biden administration began to implement chip export controls; five months later, Seventh Avenue spun off its Singapore business, sold it to Huang Le Ltd., an overseas company controlled by Huang Le, and changed its name to Megaspeed. Huang Le serves as the managing director, and the other director is Cang Yang.
In November 2023, Huang Le Ltd. transferred all shares of Megaspeed to Swiftdata, a newly established Singapore shell company, and Huang Le and Cang Yang resigned as directors. The sole shareholder of Swiftdata and the sole director of Megaspeed is Tan Yong Pong (Tan should be named Chen), also known as James Tan. He is a Singaporean man in his fifties and resident in Shanghai with a mysterious background. Just four days after the equity transfer, Megaspeed was officially certified by Huida as an Nvidia Cloud Partner. It can be seen that Huang Le should have caught up with Huang Renxun in 2023, and at the same time arranged for Jin Chan to escape from the shell and transfer the Megaspeed equity to James Tan, who was obviously only in name.
In February 2024, Megaspeed established a subsidiary Speedmatrix in Malaysia, with Tan Yong Pong also serving as director. In the following two years, Speedmatrix purchased at least US$4.8 billion in advanced artificial intelligence equipment, including servers equipped with Huida chips and other products. In 2025, a reporter from the New York Times found a dilapidated storefront in the suburbs of Kuala Lumpur based on the address registered in Speedmatrix shipping records. The sign outside the door showed it was a construction company. The reporter's repeated calls were not answered, and during an on-site visit, the store was empty.
Megaspeed is full of mystery. The company has purchased more than 4.8 billion US dollars of Huida chips, but the company has no more than 10 employees.
Megaspeed's large-scale purchase of chips has long aroused suspicion in the United States. In September 2024, the U.S. Department of Commerce's Bureau of Industry and Security (BIS) sent personnel to Megaspeed's data center in Malaysia and found Huida equipment that had not been opened. It is suspected that some chips have been transferred to China, but no conclusive evidence has been obtained. U.S. officials have informed Singapore, Malaysia and Huida of their concerns and have continued to pressure both governments to tighten oversight of data centers and chip smuggling networks. After regulatory tightening, Megaspeed's chip procurement slowed down significantly, and it stopped receiving Huida's advanced chips at the end of July 2025; however, its subsidiary Speedmatrix continued to purchase until February this year.
The above things did not just break out today. Does Huang Renxun know? Of course I already knew it. Trump also heard the briefing in 2025, but decided not to deal with it, allowing Huida to continue selling chips to the two Singaporean and Malaysian companies related to Huang Le. Many people read today's "Gossip Fun Facts" and reflexively thought that Huang Renxun was stupid and fell into a "honey trap." However, I suspect that this is the "truth" that Huang Renxun and even the CCP want you to believe without even thinking about it - you can see that "Huang Renxun cheating" is everywhere in the hot search on Weibo, which shows how much the CCP official welcomes your understanding of this matter.
Huang Renxun may not be able to find out how many times Huang Le has undergone plastic surgery, but he must know that she is a genuine Chinese woman, and there is no reason to not know Megaspeed's Chinese background. In the current AI craze, Huang Renxun can be said to be the hardest-working person in the world to sell shovels. What really seduces him is probably not the "beauties", but the Chinese market with open legs. However, it is impossible for Huang, a leather-clad man who has to protect the national security of the United States, to blatantly sell shovels to the CCP. When he was at a loss what to do, a "sexy spy" happened to descend from the sky, and someone set up a path to start a gray industry, so the time to torture his soul came: Should he take advantage of the situation and promote Jer, pretend to be stupid, and gain wealth and sex?
Huang Renxun may not be able to find out how many times Huang Le has undergone plastic surgery, but he must know that she is a genuine Chinese woman, and there is no reason to not know Megaspeed's Chinese background.
As long as everyone laughs at Huang Jen-Hsun's "Chinese-American trap", then his crime is just to betray his wife on impulse, not to betray the country for money, nor to be an agent of the CCP. For a wily and calculating person like Jen-Hsun Huang, even if he makes the stupidest mistake on the surface, he should have calculated it carefully. I'm not God, so I can't judge what he's thinking, but I just want to point out one thing: If the CCP wants to smuggle chip transfer technology, it will certainly be a cunning rabbit hole, and it will not rely on one person. Then will Huida's other doubtful deals be exposed one by one as a result? Coinciding with the recent major adjustment in semiconductor stock prices, it seems that the best is yet to come. This international-level derailment must be epically expensive (Editor's note: expensive).
What to Watch
AI outlook — possibilities, not facts
The United States will strengthen supervision of data centers in Singapore and Malaysia
Likely · Within months
Huida share price may continue to fluctuate
Possible · Within weeks
Open Questions
- Did Huang Renxun still cooperate with Megaspeed despite knowing its Chinese background?
- Are the chips purchased by Megaspeed actually transferred to China?
- Will the US government take further action against Huida?





