Report ties Alice Huang network to $7.5B in Nvidia chip shipments to China

The Information ties Megaspeed executive Alice Huang to about 240,000 Nvidia chips for Chinese firms. Reuters could not independently verify the intelligence allegation, which China has denied.

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Primary source: Tom's Hardware

Why it matters

Nvidia's board opened an independent investigation on November 8th into reporting that its founder and chief executive was targeted by a foreign intelligence effort, and said it has no reason to believe national security or company secrets were compromised. Reuters reported that Megaspeed was already under U.S. investigation over whether it helped Chinese customers obtain advanced Nvidia chips subject to export controls, with no public finding that it violated the rules. House Republican lawmakers have also asked Jensen Huang to brief Congress on the allegations.

Two shrink-wrapped pallets marked NVIDIA stand at a shipping port with cranes, cargo containers and a Chinese flag.

Alice Huang, a Chinese finance executive who became a controlling shareholder of Singapore-based cloud company Megaspeed International, is at the center of a report published on November 10th that links a network of companies to at least $7.5 billion in Nvidia chip shipments to Chinese firms. The Information reported on November 10th that a yearslong relationship between Huang, also known as Huang Le, and Nvidia founder and chief executive Jensen Huang helped…

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