Jensen Huang Scandal Deepens with Alice Huang’s China Ties

Alice Huang’s business ties with financier Kang Wei have sparked scrutiny over Nvidia-related ventures and suspected chip smuggling to China, drawing attention to her connection with Nvidia’s CEO.

Key Points

• The intricacies of Alice Huang’s business network have come to light amid the controversy surrounding Nvidia CEO Jensen Huang. Alice Huang’s decade-long partnership with financier Kang Wei involved both romantic and business ties, reportedly influencing ventures in China’s financial sector and Southeast Asia’s AI computing market. Recently, scrutiny increased due to Megaspeed’s investigation over suspected chip smuggling to China.

• Alice Huang’s career transitioned from journalism to the AI industry. After roles at CCTV, HSBC, and Citic Securities, she joined Hexi Capital in 2015, where she collaborated with Kang. In 2023, they acquired Megaspeed, converting it into an AI data centre amid US restrictions on Nvidia chips to China, leveraging ties with Alibaba and Nvidia to boost their ventures.

• Allegations of Alice Huang becoming an asset for China’s Ministry of State Security have surfaced amid these developments. These claims arose as Singapore investigates Megaspeed over chip smuggling. Alice’s public absence since the probe began, coupled with Beijing dismissing the espionage allegations, has intensified attention. Her current whereabouts remain unknown, with reports suggesting she may have returned to China.

The controversy involving Nvidia CEO Jensen Huang has intensified with revelations concerning Alice Huang’s business history in China, predating her tenure in the AI sector. Her long-standing partnership with Chinese financier Kang Wei, highlighted by the Financial Times, reveals a nearly decade-long collaboration that interwove business and personal interests. Kang, a financier repeatedly sanctioned by Chinese regulators for stock market violations, jointly pursued ventures with Alice across China’s financial industries and the AI market in Southeast Asia. This partnership’s ramifications are under scrutiny amidst allegations of Alice Huang’s relationship with Jensen Huang and her role in Megaspeed, a Singaporean firm being probed for potential chip smuggling to China.

Alice Huang’s professional trajectory was diverse before entering AI. She began as a journalist with CCTV, transitioned to roles with HSBC and Citic Securities, before joining Kang’s Hexi Capital in 2015. Her sister, Huang Yu, was also involved as a director and investor in related ventures. Despite shifting focus to AI, Alice maintained her business ties with Kang. In 2023, they transformed Megaspeed from a gaming company subsidiary into an AI data centre, capitalizing on increased demand for computing capacity following US export restrictions targeting Nvidia’s advanced chips. Their ventures were bolstered through strategic investor engagement in Shanghai, leveraging connections with Chinese tech giant Alibaba, which had extended a loan to Megaspeed in 2024.

The sensitive nature of these business relationships heightened following Singapore’s 2025 investigation into Megaspeed’s alleged chip smuggling, casting a spotlight on Alice Huang’s reported interactions with Jensen Huang. Although the timeline of their relationship is uncertain, speculation persists regarding Alice’s potential links to China’s Ministry of State Security. US intelligence agencies reportedly suspect her as a potential asset. Yet, allegations of espionage remain unsubstantiated. Beijing has dismissed these claims as unfounded, while Alice Huang has remained out of public view since the inquiry’s announcement. Reports indicate her possible return to China, but attempts to reach her have been unsuccessful, as her social media and communication channels have been deactivated.

Source link : Jensen Huang scandal takes a new turn as Alice Huang’s China business links emerge