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彭博社

与黄爱丽丝有关联的公司在中国采购了被禁的英伟达芯片Alice Huang-Linked Firm Procured Banned Nvidia Chips in China

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新加坡海洋金融中心,美超国际的办公室设于此地。The Ocean Financial Centre, which houses the offices of Megaspeed International, in Singapore.

据彭博社审阅的文件显示,由黄爱丽丝(Alice Huang)创立的一家中国公司采购了走私的 AI 芯片,并将其安装在一家与 Megaspeed International Pte 有关联的上海数据中心。黄爱丽丝是围绕英伟达公司争议的核心人物。

A Chinese company founded by Alice Huang, the woman at the center of a controversy dogging Nvidia Corp., procured smuggled AI chips that were installed at a Shanghai data center with links to Megaspeed International Pte, according to documents reviewed by Bloomberg News.

据一位知情人士透露,部分服务器最初售予 Aperia Cloud Services,后者是总部位于新加坡的英伟达官方云合作伙伴(NCP)。该人士因话题敏感要求匿名。

Some of the servers were originally sold to Aperia Cloud Services, an official Nvidia Cloud Partner headquartered in Singapore, according to a person familiar with the matter, who requested anonymity to discuss a sensitive topic.

但文件显示,这些硬件并未留在新加坡,而是落入了黄爱丽丝创立的一家中国公司手中,安装在上海一座庞大的 AI 设施内。该项目与黄爱丽丝有多重关联,包括她于 2023 年创立的 Megaspeed 在 2024 年的一份投资者演示文稿中使用了该数据中心的效果图。

But instead of staying in the island nation, the documents show, the hardware wound up in the hands of a Chinese company Alice founded, at a sprawling AI facility in Shanghai. That project has several ties to Alice, including that Megaspeed — which she founded in 2023 — used a rendering of the data center in a 2024 investor presentation.

这些文件提供了迄今最明确的证据,表明一个以黄爱丽丝为核心的庞大中国公司网络设法获取了走私的英伟达硬件——而且是通过一家独立于 Megaspeed 的 NCP 获得的,而 Megaspeed 本身也被涉嫌转移半导体。

The documents offer the most explicit evidence yet that an expansive network of Chinese companies with Alice at the center managed to get its hands on smuggled Nvidia hardware — indeed, via an NCP separate from Megaspeed, which is itself also suspected of semiconductor diversion.

这违反了美国贸易限制,并引发了更多关于英伟达前首席执行官黄仁勋与一名他承认有过婚外情的女性之间关系的疑问,这场风波将他推下台,并给 AI 行业带来了震动。

It’s a breach of US trade restrictions that raises additional questions about former Nvidia Chief Executive Officer Jensen Huang’s relationship to a woman with whom he admitted to having an extramarital affair, igniting a firestorm that pushed him out and sent shockwaves through the AI industry.

具体而言,Aperia 从戴尔科技公司购买了 22 台搭载英伟达 H800 芯片的服务器,华盛顿于 2023 年限制该芯片对华销售。彭博社将这些服务器的序列号提供给一位知情交易人士,后者确认 Aperia 是戴尔的客户。

Specifically, Aperia purchased 22 servers from Dell Technologies Inc. that contained Nvidia’s H800 chips, which Washington restricted from sale to China in 2023. Bloomberg provided serial numbers of those servers to a person familiar with the transaction, who confirmed that Aperia was Dell’s customer.

戴尔在声明中表示,“因未经授权转移担忧,于 2025 年 2 月停止对 Aperia International 的一切销售和支持。”就在那个月,新加坡以欺诈服务器供应商罪名逮捕了 Aperia 首席执行官。他已声称无罪。那年5月,黄仁勋表示“没有证据”显示芯片被转移。

Dell said in a statement that it “stopped all sales and support to Aperia International in February 2025 due to unauthorized diversion concerns.”That’s the month that Singapore arrested Aperia’s CEO on charges of defrauding server suppliers. He’s pleaded not guilty. In May of that year, Jensen said there was “no evidence” of chip diversion.

英伟达此前曾表示,在其首席执行官被捕时,Aperia 已不再是活跃客户,此后已将该公司从其公开的 NCP(NVIDIA 认证合作伙伴)名单中移除。Aperia 否认有任何不当行为,周四拒绝通过电话置评,也未回复关于该硬件及其与 Alice 关系的电邮提问。新加坡检方周五就此案起诉了第五人。

Nvidia has previously said that Aperia was no longer an active customer by the time its CEO was arrested, and has since removed the company from its public list of NCPs. Aperia, which has denied any wrongdoing, declined to comment by phone on Thursday and didn’t respond to emailed questions about the hardware and its relationship with Alice. Singapore prosecutors on Friday charged a fifth person in relation to the case.

根据提交给中央政府的文件,上海龙腾智能算力科技有限公司(由 Alice 于十年前创立)的一个部门在备案文件中详细列出了 Aperia 从戴尔购买的硬件,作为一组 193 台服务器的一部分,这些服务器安装在上海,该中国公司于 2025 年 1 月将其作为抵押物用于融资。中国公司依法须向中国人民银行征信中心维护的数据库提供融资合同的某些细节。

The hardware that Aperia purchased from Dell was detailed in filings by a unit of Shanghai Longteng Intelligent Computing — set up by Alice a decade ago — as part of a group of 193 servers, installed in Shanghai, that the Chinese company pledged as collateral for financing in January 2025, according to documents submitted to the central government. Chinese companies are legally required to provide certain details of financing contracts to a database maintained by the credit agency of the People’s Bank of China.

备案文件未说明相关英伟达芯片是如何获得的,也未说明 Alice 是否亲自参与了该交易。根据官方企业登记数据库,她于 2017 年放弃了上海龙腾的股份 —— 由一名名为黄宇的新股东接管。

The filings didn’t specify how the Nvidia chips in question were obtained, or whether Alice was personally involved in that transaction. She relinquished her shares of Shanghai Longteng in 2017 — and a new shareholder named Huang Yu took over, according to an official corporate registry database.

根据企业登记,后者 —— 被新闻媒体《The Information》认定为 Alice 的妹妹 —— 直到 2026 年 1 月仍为大股东,意味着她在上海安装的服务器被作为抵押物提供的期间监管该公司。

The latter — who was identified by the news outlet The Information as Alice’s sister — remained a majority owner until January 2026, according to the corporate registry, meaning she oversaw the company during the period in which the servers installed in Shanghai were offered as collateral.

根据备案文件,抵押硬件总价值 4.85 亿元人民币(约 7300 万美元)。除戴尔服务器外,还包括 52 台由美国超微电脑公司制造、搭载英伟达 H100 或 H200 芯片的设备 —— 这两款芯片均在无美国许可证的情况下被限制销往中国。

All told, the collateralized hardware was worth 485 million yuan ($73 million), according to the filings. In addition to the Dell servers, it included 52 units manufactured by US-based Super Micro Computer Inc. and containing either Nvidia’s H100 or H200 chips — both restricted from sale to China without a US license.

彭博社向超微电脑提供了安装在上海的硬件序列号,询问这些硬件最初卖给了谁以及何时售出。该公司未回答这些问题,但表示“已遵守所有适用的美国出口和再出口管制法律法规,出售了相关服务器”。超微电脑补充称,它没有向任何与上海数据中心有关联的中国公司出售英伟达芯片,且与该设施(名为“长三角项目”)没有任何关联。

Bloomberg provided serial numbers for the hardware installed in Shanghai to Super Micro, inquiring to whom it was originally sold and when. The company didn’t answer those questions, but said that it “sold the identified servers in compliance with all applicable US export and re-export control laws.”Super Micro added that it didn’t sell Nvidia chips to any of the Chinese companies tied to the Shanghai data center and doesn’t have any affiliation with the facility, which is called the Yangtze River Delta Project.

据上海本地媒体的一段新闻片段显示,“长三角项目”的总裁是康伟,他是 Alice 的长期商业伙伴,据知情人士透露,有时被介绍为她的恋人;这些知情人士因讨论敏感情况而要求匿名。据《The Information》报道,康伟在 2010 年代曾与英伟达首席执行官会面。

The Yangtze River Delta Project has a number of ties to Alice. According to a news clip from Shanghai local media, its president is Kang Wei, a longtime business associate who’s been introduced at times as her romantic partner, according to people familiar with the matter, who asked to remain anonymous to discuss a sensitive situation. Kang met Nvidia’s CEO in the 2010s, according to The Information.

康伟是上海禾熙的一名高管,这家私募股权公司为该数据中心提供了资金支持,并曾雇佣 Alice。2025 年 3 月,一段本地媒体视频报道显示,他出席了政府对该数据中心的视察。在画面中,他正仔细记录官员们在会议上的发言。

Kang is a top executive at Shanghai Hexi, a private equity firm that provided financial backing for the data center and once employed Alice. In March 2025, a local media video report showed him attending a government inspection of the data center. In the footage, he’s seen carefully taking notes of what officials said during the meeting.

此外还有迈速,这是 Alice 创立的另一家公司,目前正因涉嫌向中国走私英伟达芯片而接受美国调查。迈速在 2024 年的一份投资人演示文稿中使用了“长三角项目”的效果图,将其作为公司最大的 AI 设施呈现——一个未具名国家的“特定区域”数据中心。另一家名为上海硕耀的公司,某种程度上是迈速的中国企业“孪生体”,曾发布招聘广告,寻找工程师在位于该项目现场半公里处的地址从事“H100、H200 及其他 GPU 型号”——即被禁的英伟达芯片——的工作。

Then there’s Megaspeed, a separate company Alice created that is now under US investigation for allegedly smuggling Nvidia chips to China. Megaspeed used a rendering of the Yangtze River Delta Project in a slide deck for investors in 2024, presenting it as the company’s largest AI facility — a “specific area” data center in an unnamed country. A separate company called Shanghai Shuoyao, which is something of Megaspeed’s Chinese corporate twin, advertised for engineers to work on “H100, H200 and other GPU models” — the banned Nvidia chips — at an address half a kilometer from the site.

彭博社于2025年12月报道了其中大部分关联,当时英伟达和Megaspeed拒绝就长三角项目回答问题。

Bloomberg reported the majority of these links in December 2025, at which time Nvidia and Megaspeed declined to answer questions about the Yangtze River Delta Project.

最新的一批文件进一步披露:爱丽丝创立的那家控股公司旗下单位向中国监管机构表示,其在上海数据中心确实拥有受限服务器。这些服务器所含的部分芯片——H100和H200——型号与上海硕耀招聘工程师所涉芯片相同。

The latest trove of documents go a step further: the unit of the holding company Alice founded told Chinese regulators that it did, in fact, have restricted servers at the Shanghai data center. Some of the chips those servers contain — H100s and H200s — are the same models for which Shanghai Shuoyao was soliciting an engineer.

英伟达拒绝置评。Megaspeed已全面否认芯片走私指控,未回应提问。彭博社无法联系到爱丽丝创立的中国公司旗下单位上海龙杰耀腾(该单位在文件中披露了服务器情况),其母公司上海龙腾也未回应置评请求。

Nvidia declined to comment. Megaspeed, which has categorically denied the chip smuggling allegations, didn’t respond to questions. Bloomberg was unable to reach Shanghai Longjie Yaoteng, the unit of the Chinese company Alice founded that disclosed the servers in its filings, and its parent — Shanghai Longteng — didn’t respond to a request for comment.

尽管过去一年多次尝试,彭博社仍无法联系到爱丽丝置评。彭博社此前报道,她目前人在北京,在新加坡当局认定证据不足、无法就Megaspeed调查起诉她后,她已返回中国。

Bloomberg has been unable to reach Alice for comment despite repeated attempts over the past year. She is currently located in Beijing, Bloomberg has reported, having returned to China after Singapore authorities determined they didn’t have sufficient evidence to prosecute her in relation to their Megaspeed investigation.

康伟无法联系置评,其公司上海合熙也未回应询问。黄宇无法联系置评。

Kang Wei couldn’t be reached for comment, and his company — Shanghai Hexi — didn’t respond to enquiries. Huang Yu couldn’t be reached for comment.

除了超微和戴尔的硬件外,上海龙杰还用119台技嘉科技服务器作为同一笔贷款的抵押物。根据彭博新闻社审阅的文件,技嘉硬件信息不足以确定服务器所含芯片类型,但这些服务器的定价似乎与超微和戴尔的相似。总部位于台湾的技嘉未回应提问。

Beyond the Super Micro and Dell hardware, Shanghai Longjie used 119 Gigabyte Technology Co. servers as collateral for the same loans. While the Gigabyte hardware information isn’t specific enough to identify the types of chips the servers contained, the servers’ pricing appears similar to that of Super Micro’s and Dell’s, according to documents reviewed by Bloomberg News. Taiwan-based Gigabyte didn’t respond to questions.

总体而言,这些特定文件中披露的硬件数量较少。但其他文件显示,上海龙腾采购的服务器数量多于其为两笔贷款提供抵押的数量。根据彭博社审阅的公司文件,2024年5月至6月期间,一家子公司采购了价值7.47亿元人民币的“算力服务器”,并将其安装在长三角项目中,文件未说明具体型号或供应商。

Overall, the volume of hardware disclosed in these specific filings is small. But other documents show that Shanghai Longteng procured more servers than what it offered as collateral for the two loans. In the months of May through June 2024, a subsidiary secured “computing servers” worth 747 million yuan and installed them at the Yangtze River Delta Project, according to company documents reviewed by Bloomberg that didn’t specify the models or suppliers.

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