Alice Huang built a career in Shanghai investment firm before her ‘spy’ links to Jensen Huang surfaced

The name Alice Huang has become central to an extraordinary controversy surrounding Nvidia CEO Jensen Huang, raising questions about his personal relationships, China’s alleged intelligence operations and the security of America’s artificial intelligence supply chain.

The Chinese businesswoman, also known as Huang Le, has been identified in media reports as the woman with whom Jensen Huang allegedly had a close personal relationship. The Nvidia chief acknowledged being unfaithful to his wife in a message to employees, without naming the woman involved. He also said he remained committed to supporting US national security.

But beyond the allegations and her reported association with one of the world’s most powerful technology executives, who exactly is Alice Huang?

From television journalism to Shanghai finance

Alice Huang, reported by Chinese financial publication Caixin to be around 42 years old, built her professional career across media, banking and investment management.

Chinese fund-industry records and an indexed profile on the private-fund database Simuwang indicate that she previously worked in television journalism before moving into finance.

Before entering the AI chip business, Huang held senior positions at Shanghai Hexi Investment Management, a Chinese investment firm.

Several posts published on Hexi’s official WeChat account between 2016 and 2017 identified her as the firm’s deputy general manager, executive director and a member of its investment decision committee.

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The posts also said she had previously worked at HSBC’s private bank in Hong Kong and at CITIC Securities. Neither institution immediately responded to Reuters’ requests for comment.

A business card reviewed by Reuters identified Huang as a partner and general manager at Hexi, with an office in Shanghai’s Lujiazui financial district.

How she entered Nvidia’s business ecosystem

Huang’s career subsequently took her into the global artificial intelligence industry through Singapore-based cloud computing company Megaspeed International.

According to Washington-based research group C4ADS, which reviewed corporate records, she became Megaspeed’s controlling shareholder in March 2023.

Incorporated in Singapore in 2015 as 7Road International, Megaspeed provides cloud computing services and describes itself as an Nvidia business partner in the Asia-Pacific region. Nvidia also lists the company in its official cloud partner directory.

Huang additionally served as a director and managing director of Megaspeed’s Indonesian subsidiary between March and November 2023.

Her association with the company is particularly significant because Megaspeed has attracted scrutiny from US authorities over suspicions that it helped Chinese companies access advanced Nvidia processors restricted under Washington’s export controls.

Shipping records reviewed by Reuters show that Megaspeed’s Indonesian subsidiary imported Nvidia hardware between 2024 and 2026, including H100 processors and related components.

However, shipments to Indonesia do not in themselves establish any violation of US export-control rules.

Megaspeed’s shares were subsequently transferred to Singapore-based SwiftData, which holds all 10 million ordinary shares. C4ADS said it could not establish who ultimately controls SwiftData but assessed that Huang may have continued to exercise influence over Megaspeed.

The two Huangs are not related. Their reported association has nevertheless become a major issue for Nvidia, given the company’s strategic importance in the US-China technology rivalry.

Alice Huang and Jensen Huang were both present at a party hosted by Taiwanese server manufacturer Gigabyte during the 2024 Computex technology trade show. A photograph posted on LinkedIn showed them seated next to each other.

Footage from May 22, 2025, also showed Alice Huang attending a dinner with Jensen Huang at a restaurant in Taipei.

The New York Times subsequently reported that US authorities believed she had used the relationship to pass information to Beijing. Reuters could not independently verify the allegation and could not establish Huang’s current whereabouts to seek comment.

The developments have prompted US lawmakers to seek answers from Jensen Huang about whether he knew of any alleged intelligence activity and whether sensitive company or national security information was compromised.

Nvidia has said its CEO meets thousands of customer executives each year and that its cloud customers in Asia receive ordinary business information, rather than trade secrets or information related to US national security.

The company has also said there is no reason to believe sensitive information was compromised.

For now, Alice Huang remains at the centre of an investigation that extends well beyond her personal association with Jensen Huang, touching on the security of advanced AI chips and the geopolitical battle for technological supremacy.