US intelligence agencies reportedly concluded that a Chinese businesswoman with access to Nvidia CEO Jensen Huang was passing information to Beijing, raising questions about the security of the company’s commercial relationships and the enforcement of US semiconductor export controls. The alleged Jensen Huang spy plot was reported by The New York Times on 29 October 2026. The newspaper identified the woman as Alice Huang, also known as Huang Le, a Chinese national formerly associated with Singapore-based data centre operator Megaspeed International. Citing people briefed on classified surveillance, the newspaper said US intelligence officials believed Huang was gathering information for the Chinese government. Surveillance reportedly established that she had developed a close relationship with Nvidia’s chief executive. President Donald Trump was allegedly briefed on the findings in 2025 but did not intervene or arrange for the Nvidia executive to receive a warning. Jensen Huang spy plot allegations and Megaspeed Megaspeed had already attracted attention from US authorities investigating whether advanced Nvidia processors were reaching Chinese customers despite export restrictions. The company operates in the market for AI computing infrastructure, where data centre operators can purchase GPUs and provide computing capacity to customers remotely. According to the investigation, a Malaysian company affiliated with Megaspeed purchased at least $4.8 billion worth of equipment incorporating Nvidia technology between June 2024 and February 2026. US investigators reportedly suspected that some of the hardware might have been diverted to China, although the allegations of illegal shipments have not been publicly substantiated. Huang rejected suggestions that his dealings with Megaspeed were improper. In comments reported by Reuters , he described the company’s relationship with Megaspeed as normal and said Nvidia had examined the deployment of its GPUs to establish whether processors had been diverted. Nvidia spokesperson John Rizzo said Huang routinely meets thousands of customer executives each year. He maintained that regional cloud customers receive ordinary commercial information rather than confidential Nvidia technology or material relevant to US national security. Singapore disputes claims about the investigation Singapore’s Ministry of Home Affairs issued a clarification on 31 October , rejecting suggestions that Singaporean authorities had investigated Alice Huang’s alleged connections to Chinese intelligence or her relationship with Jensen Huang. The ministry said no such investigations into Huang had been conducted. It nevertheless confirmed that investigations into Megaspeed itself remained ongoing, distinguishing the company’s potential regulatory problems from the separate espionage allegations. Megaspeed told The New York Times that its current management had retained outside legal counsel to investigate the claims and intended to cooperate with US authorities. China also rejected the allegations. Foreign Ministry spokesperson Guo Jiakun dismissed the reports on 30 October as unsubstantiated accusations against the country. Nvidia chip exports remain politically sensitive The controversy comes against a background of changing US restrictions on the sale of advanced AI accelerators to China. As previously reported by eeNews Europe , China’s own restrictions on purchases of Nvidia H200 accelerators have complicated efforts to reopen authorised sales, even as Washington has considered permitting selected exports. The Jensen Huang spy plot allegations introduce a separate intelligence concern into that debate: whether individuals connected to semiconductor customers could gain access to commercially or politically sensitive information through senior industry executives. The publicly available reporting does not establish what information Alice Huang allegedly supplied to Beijing, whether it included confidential Nvidia ma