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This is what we know about Alice Huang
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SVT Nyheter15 minutes agoPolitics2 min readView original

This is what we know about Alice Huang

American authorities are investigating suspected circumvention of export restrictions against China via the company Megaspeed.

Quick Look

Alice Huang, designated as a Chinese spy, is suspected of having used her relationship with Nvidia CEO Jensen Huang to circumvent US export restrictions on AI chips to China via the company Megaspeed.

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Why It Matters

Since 2022, the US has imposed export restrictions on advanced chips to China to limit the country's technological development.

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Alice Huang held a leading position within the cloud services company Megaspeed while developing a close relationship with Jensen Huang, the CEO of the tech company Nvidia.

Nvidia manufactures chips that are subject to US export restrictions to China from 2022, something Megaspeed was suspected of circumventing through a Singaporean letterbox company. Over time, Megaspeed became an important customer of Nvidia.

The relationship goes further back in time

Last fall, The New York Times published information that US authorities had determined that Alice Huang is a Chinese spy. China has called the data smearing.

It is unclear when Alice Huang and Jensen Huang met each other. Previously known photos showed them together in 2024, but according to the newspaper, they were at the same event in Singapore as early as December 2023. Alice Huang has also posted several photos of herself and the Nvidia CEO on her social media.

"Boast about contacts"

Apart from parts of her CV, very little is known about Alice Huang. She also uses the name Huang Le and is believed to be in her 40s, according to Reuters. She has worked in banking and asset management, and as a journalist.

In 2023, Alice Huang bought the company that would eventually become Megaspeed. The New York Times reports that behind the company there is a network of Chinese tech investors with connections to the Chinese government and the defense industry.

In June 2024, according to witness statements, she allegedly changed her contacts with Jensen Huang at a technology event. That same month, Megaspeed began receiving large shipments of Nvidia's most advanced AI chip and also gained a new customer, China's Alibaba.

Could not be located

In 2024, Megaspeed's success raised the eyebrows of the US authorities and an official was sent to the company to check that the Nvidia chip was in place. According to the New York Times, some of the equipment was discovered still in its packaging, raising suspicions that it was being forwarded.

Since the news that she is suspected of being a Chinese spy broke, the media has been unable to obtain or locate Alice Huang. Jensen Huang, who is close to Donald Trump, reportedly told the president that he had no idea the woman was a spy.

What to Watch

AI outlook — possibilities, not facts

  • Expanded review of Nvidia's export chains to Singapore.

    Likely · Within months

Open Questions

  • Where is Alice Huang?
  • What is the extent of the illegal chip deliveries?

Related Topics

This article was originally published by SVT Nyheter.

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