
According to an investigation published by The New York Times, China is suspected of spying on Jensen Huang, the CEO of the American giant Nvidia, while President Donald Trump was informed about the matter but did not intervene, fearing that it could harm chip sales to China.
At the center of the investigation is Alice Huang, the head of Singapore-based company Megaspeed, who is suspected by US authorities of possible links to Chinese intelligence services. According to reports, the CIA had put her under surveillance after suspicions arose that she could help ship advanced Nvidia chips to China, bypassing US restrictions.
Investigators suspect that she had formed a close relationship with Jensen Huang, which raised concerns about the possibility of providing sensitive information about the company and the US administration's strategy towards Beijing.
Megaspeed and its affiliates purchased at least $4.8 billion worth of equipment between June 2024 and February 2026. Authorities suspect some of the chips may have been illegally transferred to China. Megaspeed, meanwhile, provides computing capacity to Chinese companies, including Alibaba.
According to The New York Times, Trump was informed of the results of the investigation about a year ago, but decided not to act, so as not to jeopardize Nvidia's economic interests and trade relations with China.
Nvidia has dismissed the allegations, saying Megaspeed is a customer like many others and that Jensen Huang's contacts with the company's CEO were normal. Alice Huang has not commented, while Beijing has called the allegations slander.
The investigation remains open and it is not yet clear whether classified information was transmitted or whether specific charges will be filed.