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BackHuang Renxun identified the cheating female spy. Well-known institutions revealed it half a year ago: Huida employees were suspicious!
Huang Renxun identified the cheating female spy. Well-known institutions revealed it half a year ago: Huida employees were suspicious!
BREAKING
自由时报12 minutes agoBusiness3 min readChinaView original

Huang Renxun identified the cheating female spy. Well-known institutions revealed it half a year ago: Huida employees were suspicious!

Huang Renxun issued an internal memo admitting his disloyalty. The target, Huang Le, worked for Megaspeed, a Southeast Asian customer of Huida.

Quick Look

  • Huida CEO Huang Renxun admitted to employees that he had an extramarital affair with Huang Le, who once worked at Megaspeed.
  • The woman was accused of conducting espionage activities for China and using her relationship with Jen-Hsun Huang to try to influence the U.S.’s chip export restriction policy to China.

AI-generated summary

Why It Matters

Culper Research released a report in May this year, questioning Huida's use of Megaspeed to circumvent China's chip export restrictions, and pointed out that Huang Renxun and Huang Le have an abnormal relationship.

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After it was revealed that he had a close relationship with Alice Huang, a woman suspected of being a Chinese spy, NVIDIA CEO Jensen Huang issued an internal memo to all employees on the 8th, admitting that he had been unfaithful to his wife and engaged in an extramarital affair. The news shocked the world after the news was exposed. In fact, Culper Research, an American short-selling research organization, broke the news half a year ago that Huang Renxun and Huang Le had an extremely close "personal relationship."

This time Huang Renxun's mistress was exposed as Huang Le, a former reporter for China's state-run media "CCTV". He also worked for many large banks in China and later served as a senior executive of Singapore data center company Megaspeed. Megaspeed is one of Huida's largest customers in Southeast Asia. The U.S. government suspected that Megaspeed had "smuggled Huida's high-end AI chips to China." It launched an investigation into Huang Le more than a year ago and discovered her relationship with Huang Renxun. Multiple US media revealed that Huang Le was also suspected of spying on Huang Renxun in an attempt to persuade him to lobby the US government to relax restrictions on Chinese chips.

This extramarital affair sparked heated discussions from all walks of life in the world. However, in fact, this scandal was exposed half a year ago, but it did not attract much attention at the time. Culper Research, a well-known short-selling agency, released a 40-page report on May 13 this year, pointing the finger at Huida, whose stock price hit record highs at the time, claiming that Huida was facing a "serious China problem." Although the U.S. government strictly restricted the export of high-tech products to China, Huida still maintained demand in the Chinese market through Southeast Asian intermediaries.

Culper Research revealed the background of Megaspeed. The company was formed by the split of the overseas business of Chinese gaming and cloud company "7Road". The funds behind it were allegedly provided by Alibaba through shell companies. In just two years after its establishment, it purchased up to US$4.8 billion (approximately NT$157.5 billion) in chips, and then transferred the purchased Huida chips to the Chinese market.

Culper Research also singled out Megaspeed executive Huang Le, questioning her unusually close intimate and business relationship with Jen-Hsun Huang. The report details many past records of Huang Renxun and Huang Le, including the time when the two attended a party in June 2024, which coincided with the submission of relevant financing guarantee documents, and the three of them having dinner at the same table in Taiwan after the U.S. chip restrictions were upgraded in May 2025. Culper Research also quoted Megaspeed employees saying that Huang frequently visited relevant data centers and was often accompanied by Alibaba representatives; and a former Huida employee revealed that there had been private discussions within the company about whether the two had a special relationship.

Open Questions

  • What is Huida’s board of directors’ follow-up action on this incident?
  • Will the US government launch a formal investigation into Huida?

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This article was originally published by 自由时报.

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