What we know about Alice Huang, the businesswoman linked to Nvidia’s Jensen Huang

SINGAPORE, Nov 14 – Alice Huang, the businesswoman whose reported affair with Jensen Huang contributed to his resignation as Nvidia’s chief executive this week, built a long career in Chinese finance before emerging as a senior figure in the global trade in artificial intelligence chips.

Also known as Huang Le, she served as a senior executive at Megaspeed, a Singapore-based technology firm that partnered with Nvidia across the Asia-Pacific region. Jensen Huang stepped down as Nvidia’s chief executive on November 12.

Her role at Megaspeed placed her at the center of Nvidia’s expanding partnerships across Asia, where demand for advanced computing technology has grown rapidly. The company’s work with Nvidia reflected its position within the region’s technology and semiconductor ecosystem.

The two are not related.

Several news organizations, including The New York Times and The Wall Street Journal, have reported that the United States and other authorities suspected Alice Huang of spying for Beijing. None of those allegations have been independently verified, and no government has publicly concluded that she is a spy.

Beijing has denied that she is working for Chinese intelligence. Attempts to reach Alice Huang for comment have been unsuccessful.

According to The New York Times, Secretary of State Marco Rubio oversaw the drafting of a classified memo in the spring of 2026. The memo reportedly detailed intelligence suggesting that China’s Ministry of State Security had recruited Alice Huang to target Nvidia’s chief executive.

The newspaper also reported on November 10 that Rubio briefed President Donald Trump about the intelligence aboard Air Force One in May, while the president was flying to China. It said this was at least the second time in seven months that Trump had been told about the matter. Those briefings have not been independently confirmed.

Trump said on November 9 that the Federal Bureau of Investigation was looking into the allegations. He said Jensen Huang had told him he knew nothing about any spying. Trump also said he did not need to act on the intelligence when he was briefed.

On November 12, Attorney General Todd Blanche said the Department of Justice had not yet concluded whether Alice Huang was a spy for China.

CNN reported the same day that intelligence officials were still working to understand the relationship between the two. Citing unnamed sources, the network said officials disagreed over how strong the evidence was that Beijing had recruited her.

Singapore has also investigated Alice Huang, although for different reasons. The country’s home affairs ministry said on November 12 that it seized her passport in 2025 during an investigation into other possible offenses.

Those included buying servers that were exported through Singapore to Malaysia without entering the Singapore market. The ministry said there was not enough evidence to show that she had committed any offense.

Singapore’s foreign ministry said it received only “limited” assistance from the United States in its inquiry, which began in 2025 and focused on false declarations in server purchases. The ministry said Alice Huang left Singapore in February and has been barred from returning.

The Financial Times first reported on November 6 that Alice Huang and Jensen Huang had a romantic relationship. Two days later, Jensen Huang issued a statement acknowledging an extramarital affair, although he did not name her.

The developments have drawn renewed attention to the circumstances surrounding Alice Huang’s business activities and her connection to Jensen Huang. Officials in both the United States and Singapore have so far stopped short of making formal allegations, while investigators continue to review the available information.

Photographs of the two together at several events over more than two years have been verified, with the earliest dating to December 2023.

Alice Huang became the controlling shareholder of Megaspeed International, a cloud computing company, in March 2023, according to C4ADS, a Washington-based research group that reviewed corporate records.

In October 2025, The New York Times reported that Megaspeed was facing a U.S. investigation into whether it had helped Chinese customers acquire advanced Nvidia chips subject to export controls. China denied the claim, and no public finding has established that Megaspeed violated any rules.

The reported inquiry has placed renewed scrutiny on the company’s operations and its role in advanced computing technology across the Asia-Pacific region.

This week, the technology news site The Information reported that the ties between Jensen Huang and Alice Huang helped enable at least $7.5 billion in Nvidia chip sales to China.

Megaspeed said on November 12 that it has cooperated with United States inspections.

Before joining Megaspeed, Alice Huang worked in banking and investment management, according to Chinese fund industry records and a profile on the private fund database Simuwang. The profile also lists an earlier career in television journalism.

She held senior positions at Shanghai Hexi Investment