By Rephael Kahan
Publication Date: 2026-11-07 17:06:00
A classified intelligence memo circulated among U.S. intelligence agencies and senior members of the Trump administration details an alleged Chinese industrial espionage operation that targeted Jensen Huang, CEO of chip and software giant Nvidia and one of the most powerful figures in the global technology industry.
According to officials familiar with U.S. intelligence and reports in the United States and Europe, including The New York Times and Britain’s Financial Times, Chinese businesswoman Alice Huang, also known as Huang Le, a former senior executive at Singapore-based data center company Megaspeed, was recruited by Beijing’s Ministry of State Security to gather information about Nvidia’s artificial intelligence chips and influence policy surrounding their export to China.
The relationship between the two, who are not related despite sharing the same surname, allegedly extended beyond business and became romantic, according to the classified U.S. assessment. Their relationship was monitored closely by U.S. intelligence agencies for more than a year.
The two were photographed together at a bar in Taipei in June 2024. Around the same period, Megaspeed, which emerged from an obscure Chinese gaming company, began purchasing billions of dollars’ worth of advanced Nvidia chips.
Intelligence investigations found that Megaspeed had established data centers across Southeast Asia and rented their computing power to Chinese technology…
