Who is Alice Huang, the intermediary suspected of espionage behind Nvidia CEO Jensen Huang’s downfall?

Alice Huang, a Chinese businesswoman suspected by US intelligence of spying for Beijing, became a focus of scrutiny after reports of her relationship with Nvidia chief Jensen Huang. Jensen Huang admitted to an affair and resigned as Nvidia’s president, chief executive and director on 12 November, while the company’s board announced an independent investigation. The allegations have drawn attention to national security and the sale of advanced AI chips to China, though they remain unproven and Beijing denies them.

Alice Huang, also known as Huang Le, has worked in journalism, banking and finance, including at HSBC and state-controlled investment bank Citic Securities. From 2023 she appeared at events with Jensen Huang; her company Megaspeed became an Nvidia cloud partner, and its Malaysian subsidiary bought at least $4.8 billion in Nvidia equipment from June 2024 to February 2026. The equipment served data centres in Malaysia and Singapore whose computing power was leased to Alibaba for AI training. The article also presents an alternative view from businessman Desmond Shum, who describes her as a commercial fixer, while noting that US intelligence reportedly suspected she had been tasked with gathering information on Jensen Huang.