Osegi
Business·2 min read

Who is Alice Huang? The Megaspeed boss behind $4bn of Nvidia chips

Alice Huang went from TV reporter to running a firm that took delivery of over $4 billion in Nvidia hardware. US intelligence reportedly saw her as a Chinese asset.

A woman in business attire walking past a row of server racks in a data centre lit by blue light.
Image: Spider's Web

Alice Huang, whose Chinese name is Huang Le, has been in the news because of her reported relationship with Nvidia CEO Jensen Huang. The more interesting question is who she is, and the answer runs through TV studios, Chinese investment circles and a Singapore company that received more than $4 billion in Nvidia AI hardware. US intelligence reportedly classed her as a Chinese intelligence asset. Beijing denies that.

Who is Alice Huang?

According to her online CV, she spent four years as a TV reporter, then moved into finance: private banking at HSBC, then CITIC Securities, a state-backed Chinese investment bank. The oldest public records point to 2010 and a small sports and recreation company registered at a private golf club in Beijing. Later she invested in a Chinese medical equipment maker that listed in Hong Kong.

Her long-time business partner is Kang Wei, 51. He has been described as her husband, but no publicly available document confirms that. Chinese regulators fined him at least twice for failing to disclose stakes in listed companies. By 2020 their web of companies was buying and investing in other businesses, and that spring it helped build an AI computing centre in Shanghai for Tencent.

What is Megaspeed?

In late 2022 the US began restricting sales of top AI chips to China. In 2023 Huang used a British Virgin Islands company to buy 7Road International, a Singapore online games firm, and renamed it Megaspeed. She became director on 6 March 2023. Ownership later moved to Singapore's Swiftdata.

In December 2023 she met Jensen Huang and a few others at a Singapore restaurant. Four days after the ownership change, Megaspeed became an Nvidia cloud partner. From June 2024 it received large shipments, worth over $4 billion in total. Alibaba became a key customer, and Megaspeed's Malaysian subsidiary pledged servers and intellectual property to Apex, an Alibaba subsidiary.

Why was she under scrutiny?

That much hardware draws attention. In late 2024 the US Commerce Department sent an official to Megaspeed's data centre to check the chips were there. Taiwan began monitoring her visits, at US suggestion; she entered on a Hong Kong passport. In 2025 Singapore barred her from leaving the country and questioned her over false import declarations. Evidence was insufficient to treat her as a participant, and her case was closed. The investigation into Megaspeed itself continued.

Megaspeed kept building a data centre in Malaysia, with engineers from Shanghai Shuoyao, another firm in her network that Shanghai authorities held up as a model company.

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Tags:nvidiaalice huangmegaspeedjensen huangexport controlsai chips

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