What is MegaSpeed? The Nvidia chip buyer in the spotlight after Jensen Haung’s affair

Singapore-based cloud computing company MegaSpeed is in the international spotlight after Nvidia CEO Jensen Huang admitted to being unfaithful to his wife, following reports linking him to MegaSpeed executive Alice Huang.

U.S. intelligence officials believe she is a Chinese intelligence asset, according to The New York Times.

While the Nvidia CEO — one of the world’s most prominent executives and a figurehead of the AI industry – did not name MegaSpeed or Alice Huang in his statement, he acknowledged his infidelity and said Nvidia’s Board of Directors had begun an independent investigation “regarding the national security concerns raised in news reports.”

“I support the investigation and will cooperate fully. I love our country and our company. I am committed to protecting NVIDIA and supporting America’s national security. I am proud and grateful to be an American,” he said.

Nvidia said in a statement it had “no reason to believe that either national security or NVIDIA secrets were compromised,” but that its “Board’s inquiry will examine all available information.”

Tech darling Nvidia sells advanced AI and data center chips and has customers including Microsoft, Amazon, Google, Meta and Oracle. The explosion in AI adoption in recent years has fueled its stock and pushed it to a $5 trillion market cap this year.

MegaSpeed sells services to Asia Pacific-based companies that need large amounts of computing capacity, usually for AI projects, by selling access to computing resources hosted in data centers in Southeast Asia.

It advertises itself as a “core business partner” of Nvidia’s computing power cloud business in the region, allowing customers to rent computing power from Nvidia GPUs, or “graphics processing units” — specialized chips designed to do many calculations at the same time.

The service allows businesses to complete costly AI operations without buying and operating all the hardware themselves. It can also give customers remote access to computing power from advanced chips located outside China. U.S. controls restrict the export of some advanced chips to China, but remote access is a separate question.

MegaSpeed, which has offices in Singapore and Indonesia, has previously faced media and government scrutiny over whether some of its GPUs have been redirected to China, which is subject to U.S. export controls on some advanced chips.

A report published by Bloomberg in December 2025 stated that the U.S. government was investigating Megaspeed’s ownership structure and whether it had smuggled Nvidia chips to China.

A response to the article published on MegaSpeed’s website said it contained “misleading information and incorrect insinuations.” It added that inspections by the Bureau of Industry and Security of the U.S. Commerce Department, the Ministry of Investment, Trade and Industry of Malaysia, and Nvidia had found “no evidence of any violations concerning the illicit transfer of chips or any illegal activities.”

Businesswoman Alice Huang is an “executive” at MegaSpeed and a “publicly reported Chinese intelligence asset,” according to a House Select Committee on China statement on Nov. 5. Committee heads have requested Jensen Huang’s attendance at a Nov. 18 briefing to establish “the extent to which U.S. national security has been placed at risk” after reports raised “significant national security concerns regarding [China’s] access to sensitive U.S. technology and information.”

According to New York Times reporting this month, Alice Huang is a Chinese citizen who speaks good English and is well-connected among high-ranking chip industry executives.

The Times reported on Friday that a memo was distributed among policymakers in the Trump administration last spring identifying a Chinese businesswoman with a close relationship to Jensen Huang as passing information about U.S. AI chips to Beijing’s top spy agency and seeking policy influence.

Bloomberg reports that Alice Huang also goes by Huang Le and helped set MegaSpeed up. Bloomberg previously listed her as one of the people collaborating with a Singapore police investigation into the company’s activities in relation to China. Singapore’s government has said it had not investigated Alice Huang’s alleged intelligence ties or her relationship with Jensen Huang.

CNBC has contacted MegaSpeed for comment.

The reports about the relationship prompted renewed scrutiny of Jensen Huang’s past comments on engaging with the Chinese market. He told CNBC’s Arjun Kharpal on Oct. 22: “No market is closed forever, and China wants foreign companies to invest in China, just as Germany wants foreign companies and countries to invest in Germany.”

“And so the market has to be open and it has to be welcoming. There’s no reason to believe that market is going to be closed to the best competitors in the world, and Nvidia is surely the best in the world at doing what we do.”