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Megaspeed Says Alice Huang Left in August 2025, Hires Outside Counsel for Internal Probe

The Singapore GPU cloud provider tied to the scandal that ended Jensen Huang's run at Nvidia says reports about its supply chain lack verifiable evidence.

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Megaspeed says Alice Huang left the company on August 30, 2025.
Megaspeed says Alice Huang left the company on August 30, 2025.Photo: CNBC

Megaspeed, the Singapore-based GPU cloud company at the centre of the scandal that ended Jensen Huang's run as Nvidia's chief executive, said on Sunday that former executive Alice Huang left the company effective August 30, 2025. It has also retained external legal counsel for a "thorough internal investigation" of media reports about its business and supply chain, CNBC reported.

"Ms. Alice Huang officially left Megaspeed effective August 30, 2025 and currently has no role with the Company," Megaspeed said in an emailed statement to the broadcaster. It added that it "does not comment on Ms. Huang's personal and private matters."

The statement is the company's attempt to separate itself from a former executive whom US intelligence officials believe is a Chinese intelligence asset, according to The New York Times. For Nvidia, US regulators and the companies that rent GPU capacity in Southeast Asia, the open question is whether advanced Nvidia chips that passed through Megaspeed's business ended up serving customers in China. US export controls are meant to prevent exactly that.

Megaspeed rejected that line of reporting. It said media reports about its business, supply chain and global operations were not supported by verifiable evidence, and that it had retained external legal counsel to carry out a "thorough internal investigation." The company said it builds its operational and supply-chain controls "to comply with all applicable laws and regulatory regimes, including United States export control requirements and local jurisdiction rules in every market where we operate." It said it would review the reporting and update stakeholders as appropriate.

The statement did not name the law firm, say what period the investigation covers or give a timetable for its findings. No charges have been reported against Alice Huang.

Megaspeed calls itself a "core business partner" of Nvidia's computing power cloud business in the region. Customers rent processing time on Nvidia GPUs through it rather than buying the chips outright. The company has offices in Singapore and Indonesia and had already drawn media and government scrutiny over whether chips supplied through its business were redirected to Chinese customers.

That scrutiny sharpened after reports linked Jensen Huang to Alice Huang. Huang, who co-founded Nvidia, acknowledged he had been unfaithful to his wife and resigned as chief executive on November 12, amid fallout from reports about extramarital relationships, one of them reportedly with a direct report.

The affair has since moved into Washington. Axios reported, citing people familiar with the matter, that Treasury Secretary Scott Bessent asked Commerce Secretary Howard Lutnick at a Situation Room meeting why Megaspeed had not been added to the Entity List, the US trade blacklist. The Commerce Department has denied that the conversation took place. The Financial Times reported that the State, Defense, Energy and Treasury departments had pushed for Megaspeed's inclusion while Commerce delayed a package of new additions. Nvidia has said it stopped purchases by and shipments to Megaspeed in June 2025 and that the restriction remains in place, according to the FT.

Megaspeed's timeline puts Alice Huang's departure roughly two months after that block. The company has not said what role she held before she left or how the internal review relates to any government inquiry.

Nvidia, now led on an interim basis by finance chief Colette Kress, is due to report quarterly results next week, its first since Huang stepped down.

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