China Recruited Megaspeed Executive to Spy on Nvidia CEO, US Memo Says
A U.S. intelligence memo says Megaspeed executive Alice Huang was recruited by China to spy on Nvidia CEO Jensen Huang, raising chip security concerns.
Summary
As of November 7, 2026, a memo circulated earlier in the year and reportedly based on U.S. intelligence claimed China’s Ministry of State Security recruited Alice Huang, an executive at Singapore-based Megaspeed, to spy on Nvidia CEO Jensen Huang. The memo also alleged the two had a romantic relationship. Nvidia said their interactions were not unusual and that it does not share classified information with customers.
Separate scrutiny surrounds New Matrix, a Chinese company authorized by the U.S. Commerce Department to buy advanced Nvidia chips. Its listed office address contained only a hollow gray shell, raising concern that New Matrix could front for an unnamed blacklisted private equity firm. Nvidia said America receives its technology first, at the highest level and in the largest volume. No investigation, enforcement action or next step was disclosed.
Positives
- U.S. intelligence reportedly detected an alleged recruitment effort targeting Nvidia CEO Jensen Huang.
- Nvidia says it does not share classified information with customers.
- Nvidia says America receives its technology first, at the highest level and in the greatest volume.
- U.S. Commerce Department authorization governs New Matrix’s purchases of advanced Nvidia chips.
Risks & concerns
- China’s Ministry of State Security allegedly recruited Megaspeed executive Alice Huang to spy on Jensen Huang.
- The memo alleged a romantic relationship between Alice Huang and the Nvidia chief executive.
- New Matrix’s listed office address contained only a hollow gray shell despite its authorization to buy advanced Nvidia chips.
- New Matrix could be a front for an unnamed blacklisted private equity firm, raising concerns about chip-control evasion.
- No investigation, enforcement action or other next step was disclosed.