Business · Singapore

Megaspeed says Alice Huang left the cloud firm in August 2025 amid Nvidia scandal

Singapore-based Megaspeed says Alice Huang formally left the company on 30 August 2025 and rejects unverified reports about its operations, while US intelligence assessments and chip-supply allegations remain unproven.

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In brief

Singapore
How it came to this
  1. 30 AugAlice Huang formally leaves Megaspeed, the company says
  2. 12 NovJensen Huang steps down as Nvidia chief executive
  3. 15 NovMegaspeed rejects unverified reports and says it has hired outside legal advisers

Company statement

Singapore-based cloud computing firm Megaspeed said on Sunday, 15 November 2026, that Alice Huang formally left the company with effect from 30 August 2025 and no longer holds any role there. The statement, provided by email to CNBC, is the company's first detailed account of her professional relationship with Megaspeed. The firm describes itself as a key business partner of Nvidia's cloud computing division in the region, where customers rent computing power built on Nvidia graphics processing units.

Denial of unverified reports

Megaspeed said recent media reports about its business activities, supply chain and global operations are not backed by verifiable evidence. It said it designs its global operations and supply chain to comply with all applicable laws, including United States export control requirements, and that it has hired outside legal advisers to carry out a thorough internal investigation. The company also said it does not comment on personal or private matters concerning Ms Huang. Megaspeed added that it will review what has been published and contact interested parties further where appropriate.

Intelligence assessments and chip claims

According to the New York Times, US intelligence officials assess that Alice Huang acts on behalf of Chinese intelligence services. Those assessments have not been publicly proven. A separate investigation by The Information reported that Ms Huang, her sister and her husband built a network of companies in China and Singapore, through which Nvidia chips were allegedly supplied to Chinese technology giants. The report cited transactions worth at least $7.5 billion.

Links to Nvidia's leadership crisis

The reports sit inside the fallout from Jensen Huang's admission of an extramarital relationship with Alice Huang, a former Megaspeed executive. Jensen Huang stepped down as Nvidia chief executive on 12 November amid the disclosures. Megaspeed has come under scrutiny before over whether chips moving through its operations reached customers in China. The firm has offices in Singapore and Indonesia. The issue is sensitive because of US restrictions on exports of advanced semiconductors and AI technology.

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