黄乐在哪里？围绕黄仁勋关系与英伟达间谍风波核心女子的5项爆炸性指控Where is Alice Huang? 5 explosive allegations against woman at the centre of Nvidia spy row

There is a woman at the centre of one of the most extraordinary controversies in the global artificial intelligence industry, but nobody seems to know where she is. Alice Huang, also known as Huang Le, has become the focus of an international investigation involving Nvidia CEO Jensen Huang, US intelligence agencies and alleged attempts by Chinese entities to obtain advanced American AI chips.

Her name came into the spotlight after reports linked her to Jensen Huang, 63, the billionaire co-founder of Nvidia. The CEO subsequently admitted to being unfaithful to his wife, Lori Huang, without naming the woman involved. Nvidia’s board has launched an independent investigation into whether he was targeted by a foreign intelligence operation.

But the allegations surrounding Alice go considerably beyond her alleged relationship with one of the world’s most powerful technology executives.

Investigations and media reports have raised questions about her past in Chinese television and finance, her role in Singapore-based cloud computing company Megaspeed International, her business connections in China and the movement of Nvidia’s advanced processors through a network of companies.

Express InfoGenIE · News game Chip Trail: sort the Nvidia spy story You are an InfoGenIE fact-checker. Travel five stops of the Nvidia controversy and sort every claim.

How to read this: “Reported” means published by news organisations, often citing unnamed officials or documents that have not been released. The Indian Express has not independently verified the intelligence allegations. No one named here has been charged.

Score/23Sorted/23 1Santa Clara2Taipei3Singapore4Beijing5Washington The Nvidia controversy, as a game CHIP TRAIL How to play. At each stop, claims arrive one at a time. Sort each one: ConfirmedOn the record or officialReportedPublished, not on recordUnknownNo one knows yetFalseThe facts say otherwise Press start Tap a stop on the trail to jump ahead Stop 1 · Santa Clara The man Start with who Jensen Huang is. Few companies this size are so closely tied to one founder, which is why questions about him move markets and Washington.

Claim 1 of 4Sort this claim Jensen Huang co-founded Nvidia in 1993 and has led it ever since.

ConfirmedOn the recordReportedNot on recordUnknownNot establishedFalseFacts say no The NYT reported she was registered as managing director and described herself as CEO. Nvidia says she has left. Reuters could not verify her current status.

Source: The New York Times; Bloomberg; ReutersNext claim US officials concluded she was a Chinese intelligence asset.

Spokesman Guo Jiakun called them “nothing more than an attempt to smear China”. A denial on the record is confirmed, even though the claims it rejects are not.

Source: Foreign ministry briefings, Oct 30 and Nov 9Finish stop Stop 2 clear! Running score: of 23. Next stop: Singapore.

Continue the trail Stop 3 · Singapore Follow the chips Why would Beijing care about her company? Megaspeed is itself under investigation, over where Nvidia’s most powerful chips ended up. Megaspeed is registered in Singapore and runs data centres that rent out AI computing power.

US investigators have examined it, and the NYT reported data centres that appeared to serve Chinese customers. Nvidia says it counted the chips and found no diversion. No findings yet.

Source: The New York Times; NvidiaNext claim Megaspeed has been charged with breaking US export rules. No charges against Megaspeed have been reported. It denies wrongdoing.

Source: Reuters; The New York TimesFinish stop Stop 4 · Beijing The chip war All of this sits inside a four-year fight over who gets the chips that train the most powerful AI. Huang has argued for selling to China; hawks want the door shut. The US barred exports of Nvidia’s H100 chips to China in October 2022.

No deadline or terms of reference have been published. Nvidia says it will update “as appropriate”.

Source: Nvidia board statementFinish stop Trail complete Can the world’s most important AI chipmaker protect its technology, its leadership and its national security interests?

Answer key ConfirmedNvidia was worth about $4.5 trillion at the close on November 6, 2026. ConfirmedOn November 8, Huang told staff he had been unfaithful to his wife. FalseIn that email, Huang named the woman involved. FalseAlice Huang is a relative of Jensen Huang.

ReportedAlice Huang was a senior executive at Megaspeed, a Singapore cloud company. FalseReuters independently verified the intelligence allegations. ConfirmedChina’s foreign ministry denied the spy claims.

ReportedMegaspeed bought about $4.8 billion of Nvidia equipment. ConfirmedSingapore police are investigating Megaspeed.

UnknownRestricted Nvidia chips reached customers in China through Megaspeed.

FalseNvidia’s top Blackwell chips, such as the GB200, can now be sold to China.

ConfirmedIn December 2025, President Trump said Nvidia could sell the H200 to China. ConfirmedHuang says Nvidia’s share of China’s market fell from 95% to zero. ConfirmedNvidia’s board says it has confidence in Huang. UnknownHuang knew he was dealing with an intelligence asset. UnknownNvidia secrets were compromised. FalseThe November 18 congressional briefing is a subpoena. FalseThe board has set a deadline for its findings.

Review the trail ↺ Sources: Nvidia board statement and Jensen Huang staff email (CNBC); Nvidia corporate biography; The New York Times; Reuters; Al Jazeera; AFP; Financial Times; Bloomberg; House committee letter, Nov 4; Singapore Police Force; Singapore Ministry of Home Affairs; Yahoo Finance. As of November 10, 2026.

On Tuesday, news agency Reuters reported that it could not establish Alice Huang’s current whereabouts or reach her for comment. The Wall Street Journal reported that two people who had been in contact with her earlier this year said she was in China at the time. Her present location remains unknown. Here are five major allegations and unanswered questions surrounding the businesswoman: Express InfoGenIE · Explained Who is Alice Huang? From television journalism to China’s financial world, and the five explosive allegations surrounding her.

Read with care: the allegations have not been substantiated publicly. Reuters said it could not independently verify the intelligence claims, while Beijing has rejected them.

Who is Alice Huang? From television journalism to China’s financial world Alice HuangHuang LeChinese citizenNot related to Jensen Huang Very little about Alice Huang’s personal life has been established so far. She is a Chinese citizen and is also known by her Chinese name, Huang Le. Despite sharing a surname, she is not related to Jensen Huang, who was born in Taiwan and moved to the US as a child.

According to a profile on Chinese financial database Simuwang, Alice spent four years in television journalism before moving into finance. The profile lists stints at Chinese state broadcasters CCTV and Hunan TV, followed by positions at HSBC and CITIC Securities.

4 yrsTelevision journalismCCTV and Hunan TV, Chinese state broadcasters FinanceHSBCPrivate bank in Hong Kong FinanceCITIC Securities 2016–17Shanghai Hexi Investment ManagementDeputy general manager, executive director and member of its investment decision committee LaterCloud computingAssociated with Megaspeed International Reuters, in a November 10 investigation based on more than 30 public financial records, corporate filings and company materials, established a more detailed picture of her business career.

Several posts on the official account of Shanghai Hexi Investment Management identified her as a deputy general manager, executive director and member of its investment decision committee between 2016 and 2017. The posts also said she had worked at HSBC’s private bank in Hong Kong and CITIC Securities.

Her career subsequently took her into the cloud computing business, where she became associated with Megaspeed International, a company that would eventually attract US scrutiny over its Nvidia chip purchases.

Five explosive allegations surrounding Alice Huang China’s intelligence agency allegedly recruited her to target Jensen Huang China’s Ministry of State Security Alice Huang Jensen Huang Alleged objectiveObtain information about Jensen Huang and potentially influence his views on selling advanced AI processors to Chinese businesses The most serious allegation is that Alice Huang was recruited by China’s Ministry of State Security (MSS), the country’s principal civilian intelligence agency, to gather information about Nvidia’s CEO and potentially influence his position on selling advanced AI chips to Chinese companies. The New York Times cited people familiar with US intelligence surveillance who said authorities had concluded that Alice was passing information to Beijing.

According to the newspaper’s November 6 report, the alleged operation had a specific strategic objective: obtain information about Jensen Huang and potentially influence his views on selling advanced AI processors to Chinese businesses.

The Financial Times also reported that a US intelligence assessment described the relationship between the two as romantic.

Chinese Foreign Ministry spokesperson Guo Jiakun described the accusations on November 9 as unsubstantiated and a smear campaign against China.

Next allegation → Allegation 2 She allegedly used her relationship with Nvidia’s CEO to gain business credibility At least$7.5bnin chip shipments to Chinese companies since 2023, alleged by The Information 2024Photographed together at technology-industry gatherings 2025Photographed together; Taipei dinner in May The second allegation concerns how Alice may have used her reported access to one of the world’s most influential technology executives.

The New York Times reported that Alice had spoken about her access to Jensen Huang and Nvidia connections while raising money for her businesses.

A more detailed report by The Information on November 10 alleged that her relationship with the Nvidia chief helped facilitate at least $7.5 billion in chip shipments to Chinese companies since 2023.

The publication, citing two people who know Alice, reported that she leveraged her relationship with Jensen Huang and connections with Nvidia distributors to secure supplies when orders for restricted processors faced difficulties.

It also alleged that she remained vague about her precise business role and avoided creating a clear paper trail.

The relationship attracted attention after the two were photographed together at technology-industry gatherings in 2024 and 2025.

Footage from a dinner in Taipei in May 2025 showed Jensen Huang putting his arm around Alice as she kissed him on the cheek. They were later seen leaving in the same car, according to footage reviewed by AFP.

Jensen Huang subsequently admitted in a letter to Nvidia employees that he had been unfaithful to his wife, apologising to his family and colleagues.

He did not identify the woman. There is no public evidence establishing that he knowingly participated in any intelligence activity or illegal chip transactions. She and her family allegedly built a network of companies to acquire Nvidia chips Alice Her husband Her sister, Huang Yu Shanghai Century Litong Jun 2023 · establishedOct 2023 · preferred cloud partner status ~240,000H100, H200 and some A100 processors moved into China, alleged AlibabaTencentSmaller Chinese AI labs One of the most significant new developments comes from The Information, which has reported an alleged network of businesses spanning China and Singapore.

According to the publication, Alice, her husband and her sister built a network of companies to acquire Nvidia processors.

At the centre of this network was Shanghai Century Litong, a Chinese company established in June 2023. It reportedly secured preferred cloud partner status with Nvidia by October that year, giving it priority access to the company’s processors.

The report alleged that Alice’s sister, Huang Yu, was connected to the company’s initial ownership through a founding shareholder before exiting in 2024.

When orders for Nvidia processors subject to US export restrictions stalled, Alice allegedly used her connections with Nvidia and its distributors to obtain supplies.

The Information reported that approximately 240,000 H100, H200 and some A100 processors were moved into China through the network.

It further alleged that some of the computing capacity eventually served Chinese technology companies Alibaba and Tencent, as well as smaller Chinese AI laboratories.

However, Reuters explicitly said it could not independently verify the report. Alibaba, Tencent, Megaspeed and Shanghai Century Litong did not immediately respond to requests for comment. Megaspeed allegedly became a route for restricted Nvidia chips to reach Chinese customers Megaspeed InternationalSingapore · previously 7Road International · cloud computing on advanced Nvidia processors Mar 2023Alice becomes controlling shareholder Mar–Nov 2023Director and managing director of its Indonesian subsidiary (C4ADS) 2024–2026Indonesian subsidiary imported Nvidia H100 processors and related hardware Nov 9Megaspeed: no evidence of illegal chip transfers Alice’s association with Megaspeed International is another major part of the controversy.

The Singapore-based company, previously known as 7Road International, provides cloud computing services using advanced Nvidia processors. Such services allow customers to access computing power without necessarily purchasing the physical chips themselves.

According to Reuters, Alice became Megaspeed’s controlling shareholder in March 2023. She also served as a director and managing director of its Indonesian subsidiary between March and November that year, according to records reviewed by the Washington-based research organisation C4ADS.

The Wall Street Journal reported that she continued to lead the business even after formally stepping down as a director. An employee reportedly told researchers at Culper Research that she was “actually still our boss”.

The US government has been examining whether Megaspeed helped Chinese customers access advanced Nvidia processors subject to Washington’s export restrictions.

Reuters reviewed shipping records showing that Megaspeed’s Indonesian subsidiary imported Nvidia H100 processors and related hardware between 2024 and 2026.

The Wall Street Journal and The Information have described possible routes through which chips and computing capacity could reach Chinese customers, including overseas data centres and related companies.

Megaspeed has disputed allegations of wrongdoing. In a November 9 statement, it said investigations had found no evidence of illegal chip transfers or other illegal activities and that it maintained high standards of legal and ethical conduct.

She allegedly remained influential behind a complicated corporate ownership structure late 2023: shares transferred SwiftData, Singapore Megaspeed balance sheet, per Culper Research End 2023 A year later Including approximately $2.9 billion in refundable deposits from an unidentified source The fifth issue concerns Alice’s precise role in Megaspeed and the wider network of businesses. Reuters reported that she became the controlling shareholder of Megaspeed in March 2023. Corporate records reviewed by C4ADS showed that the company’s shares were transferred in late 2023 to Singapore-based SwiftData.

C4ADS said it could not establish who ultimately controlled SwiftData, but assessed that Alice may have continued to exercise influence over Megaspeed after the ownership transfer.

The Wall Street Journal also reported that colleagues believed she continued to lead the business despite her formal resignation as a director in November 2023.

Meanwhile, an investigation by Culper Research, a short-selling firm, examined Megaspeed’s financial growth. It claimed that the company’s balance sheet expanded from $33 million at the end of 2023 to nearly $3 billion a year later, including approximately $2.9 billion in refundable deposits from an unidentified source.

Back to allegation 1 ↑ Sources: Simuwang; Reuters; The New York Times; Financial Times; The Information; AFP; The Wall Street Journal; C4ADS; Culper Research; Megaspeed statement; Chinese Foreign Ministry.