WSJ: It was Huang’s husband who introduced Huang Le to Jen-Hsun Huang and promised to bring Huida chips into China

In May 2025, Huang Renxun (left) visited Taiwan again, and Huang Le (right) also appeared at a business meal at Sanliu Restaurant.

The Wall Street Journal reported that Huida CEO Huang Renxun was facing a resignation crisis due to his extramarital affair with Huang Le, a suspected Chinese spy. People familiar with the matter revealed that it was Huang Le's husband Kang Wei who introduced Huang Le to Huang Renxun. In recent years, the couple has claimed to investors in Singapore and Shanghai that they have a way to bring Huida chips into China.

Sources say that over the past two years, Kangwei appeared to accept his wife's affair with Huang and publicly discussed their intimate relationship. Sometimes, Kang Wei would half-jokingly tell his friends that his wife was Huang’s personal assistant.

The report said that introducing his wife to the central figure in the global artificial intelligence (AI) craze is the clearest example of how the couple used their personal relationship to expand a series of business activities in China, Singapore, Taiwan and other places.

Insiders pointed out that in the past ten years, the couple has been constantly moving into various profitable fields: from video games to pharmaceuticals to cloud computing. Each time they weave a network of relationships, transfer shares between each other, and use all the relationships they have to make profits. Huida’s AI chip is their latest target. They have always been good at chasing hot deals, although they sometimes violate regulations.

Kang Wei, who is in his early 50s, was once a star fund manager in China. He founded Shanghai Hexi Investment Company in 2010. It is currently unclear when he met Huang Le, who is in his 40s, but according to company registration records, they jointly operated the company in 2016.

Shanghai Hexi invested in a series of technology companies, including video games, which created an opportunity for Kangwei to meet Huang Renxun in the 2010s, when the latter was a rising Silicon Valley CEO, while Huida focused on video game chips. A source who has worked at Kangwei Investment Company said that Huang Renxun met Kangwei in Asia because he was the one who facilitated the meeting between the two.

In the early 2020s, the couple turned their attention to cloud computing. They acquired a Singaporean video game company they had previously invested in and changed its name to Megaspeed International in March 2023. It was Alibaba that made Megaspeed's business take off. The United States will begin to implement export controls on advanced chips at the end of 2022 to prevent Huida from selling chips directly to China. Alibaba was looking for partners to help it obtain computing power from data centers equipped with Huida chips outside China.

People familiar with the matter said that Megaspeed told Huida that Alibaba was its major customer, which enabled the couple's company to obtain "Huida Cloud Partner" status in November 2023 and receive priority in obtaining chips. Soon, Huang Le told her friends that she had hooked up with Huang Renxun and that the company's business would soon start smoothly.

People familiar with the matter said that Megaspeed brought many of the Huida servers it purchased to data centers in Malaysia to provide Alibaba with computing power, and also shipped some chips to China. The couple announced to investors in Singapore and Shanghai between the end of 2024 and 2025 that they had several data center plans, two of which were in Southeast Asia and one in Shanghai. They said that investors can expect a return of three times in three years and are confident in bringing Huida chips into China.