Oct 29, 2026: US investigation reported, Huang defends business dealings
The New York Times (NYT) reported on Oct 29, 2026 that US authorities had investigated Chinese businesswoman Alice Huang, “who had a close relationship with Jensen Huang” – over suspicions that she had been “passing intelligence to Beijing” and helped circumvent US restrictions on advanced AI chips.
“President Trump was briefed and took no action,” the NYT report said.
It also raised questions about Huang’s relationship with the Nvidia CEO.
Speaking to Bloomberg News on Oct 30, Jensen Huang described Nvidia’s dealings with Megaspeed as “normal and not unusual” and said that the company had checked that Megaspeed did not illegally divert Nvidia AI chips to China.
“We’ve studied all their deployments of our GPUs and counted every one,” Huang told Bloomberg – also describing his interactions with Alice Huang, who was “no longer with Megaspeed”, as typical of those with Chinese customers and executives.
Oct 30, 2026: WSJ reports intelligence allegations
The Wall Street Journal (WSJ) published a report on Oct 30, alleging that Alice Huang was suspected of having links to Chinese intelligence.
“Investigators believed the woman, Alice Huang, was recruited based on her relationship with Jensen Huang,” the WSJ report said, also attributing concerns about her relationship with Huang and alleged intelligence connections to Singapore officials.
China rejected the espionage allegations, describing them as unfounded.
During a routine press briefing on Nov 9, Chinese government officials dismissed allegations of Chinese espionage.
“The so-called allegations of Chinese espionage are entirely baseless and amount to nothing more than smears and attempts to discredit China,” said Ministry of Foreign Affairs spokesperson Guo Jiakun.
