Megaspeed exec was recruited to spy on Nvidia CEO, according to US intelligence memo

A US intelligence memo reportedly alleged that Alice Huang, a technology executive at Singapore-based Megaspeed, was recruited by China’s Ministry of State Security to spy on Nvidia chief executive Jensen Huang. The claims matter because they raise questions about efforts to obtain information from a leading chipmaker and about the handling of advanced technology exports.

The New York Times first reported the memo, and the Financial Times said it also alleged a romantic relationship between the two executives. Nvidia said their interactions were “not unusual” and that it does not share classified information with customers. Separately, reporters found only an empty-looking shell at the listed address of New Matrix, a Chinese company authorised by the US Commerce Department to buy advanced Nvidia chips, prompting questions about whether it could be linked to a blacklisted private equity firm.