China rejected this Monday accusations that Huang Le, known as Alice Huang and romantically linked to Nvidia CEO Jensen Huang, worked for its intelligence services. “The claims about an alleged Chinese spy are pure speculation without foundation and constitute slander and defamation,” said Guo Jiakun, spokesperson for the Ministry of Foreign Affairs, in a routine appearance. Beijing thus responds to the information that has led the chip giant to open an independent investigation, announced on Sunday, the same day its founder acknowledged having been unfaithful to his wife.
These revelations have shaken the company's price, whose shares have fallen nearly 6% in pre-opening operations on Wall Street. Guo repeated the same formula when another journalist asked him if he expressly denied that the businesswoman worked for Chinese intelligence. He has not provided details about a woman whose biography is still full of gaps.
Suspicions of espionage came to light on October 29, when The New York Times published that the US services had concluded that Huang was transmitting information to Beijing. The American newspaper cited anonymous sources familiar with the surveillance of her. On November 6, she reported that the Chinese Ministry of State Security had recruited her to obtain information about American chips and potentially influence Nvidia to promote greater sales to China. The assessment was contained in a memo distributed among senior US officials, according to the newspaper.
The British newspaper Financial Times later added that an American assessment described her relationship with Jensen Huang as romantic. The evidence has not been made public.
The Times had already focused on her in October 2025, when investigating Megaspeed International, the Singaporean data center company where she worked. That report described her meetings with the founder of Nvidia and the American investigations into the company's chip purchases, but it did not establish that they had an extramarital relationship nor did it identify her as a spy.
Huang is a Chinese citizen and is not related to the businessman (of Taiwanese origin), despite sharing a last name. His age, education, place of origin and current residence have not been made public. It is also not known when he left China or if he settled permanently in Singapore.
A file on Simuwang, a database of Chinese funds, shows that he worked for four years in the media and eight in the stock market sector. She lists positions as a reporter at Hunan TV and CCTV, assistant to the president of HSBC's private banking division, and vice president of CITIC Securities. The AFP agency has not been able to verify that resume or who wrote it. EL PAÍS has also not been able to corroborate these antecedents, repeated in numerous profiles that have been published these days.
Bloomberg has found more solid documentation about his business activity in Shanghai. In a 2016 publication from the official account of the fund manager Shanghai Hexi Investment Management, he appears among its directors. The firm had invested in 7Road, a Chinese video game company from whose international business Megaspeed emerged.
Records examined by the Singapore press show that the company was incorporated in 2015 as 7Road International. In March 2023, it adopted the name Megaspeed and Huang joined as managing director. Ownership then passed to Huang Le Limited and, in November, to Swiftdata, controlled by Singaporean Tan Yong Pong. By November 10, 2023, Huang had resigned as administrator. It is not clear when he stopped intervening in the business.
Although it is unknown when he met the founder of Nvidia, there is graphic evidence of a meeting between the two in Taipei in June 2024. As Parker Schmitt, CEO of NetThunder, a software company, told the Times, Huang Le offered to a group of executives to get Jensen Huang to join them; he appeared shortly after. A source close to Nvidia stated that he had already planned to attend and arrived with two other executives. AFP has reviewed recordings of a dinner in May 2025, during Computex, the Taipei technology fair, which show gestures of affection and their departure in the same car.
The size of Megaspeed's business explains Washington's concern. According to business records cited by the NYT, a company associated with Megaspeed in Malaysia purchased advanced equipment powered by Nvidia for at least $4.8 billion between June 2024 and February 2026. The purchases occurred after her resignation as administrator and there is no evidence that she directed them personally. Megaspeed rents computing capacity to Chinese clients, including e-commerce giant Alibaba, who can use those processors without physically importing them. The United States is investigating whether it also diverted restricted chips to China. Nvidia denies finding evidence of smuggling.
In the background is the technological competition between the two main world powers. The United States restricts the export of advanced processors to China from 2022 for national security reasons, citing their possible military applications. These limitations began when Democrat Joe Biden occupied the Oval Office. But Jensen Huang, one of the most relevant people in the artificial intelligence sector and who maintains direct access to the current US president, Donald Trump, has defended making these controls more flexible. In May, he was part of the entourage that accompanied the Republican on his trip to Beijing. Trump called him an “honorable person” on Sunday and has expressed his support for him continuing to lead Nvidia. The chairmen of three committees of the House of Representatives have asked him to appear behind closed doors on November 18, Reuters reports.
Singapore has confirmed an investigation into Megaspeed, but has denied investigating Huang Le for his alleged links to Chinese intelligence. She has not offered her version. Nvidia maintains that it has no reason to believe that corporate secrets or US national security have been compromised. In his letter to employees, its CEO acknowledged the infidelity, without mentioning Alice Huang, and promised to cooperate fully with the investigation.
