US intelligence memo reportedly linked Megaspeed executive to China spy effort targeting Nvidia CEO

A US intelligence memo circulated among senior Trump administration policymakers last spring reportedly assessed that Alice Huang, an executive at Singapore-based Nvidia customer Megaspeed, had been recruited by China’s Ministry of State Security to gather information on Nvidia CEO Jensen Huang. The Business Times reported the account, citing people briefed on the intelligence. The Verge and TechCrunch also described the alleged recruitment, citing earlier reporting by The New York Times.

The reported objective was to learn more about US AI chips and potentially influence Nvidia to make its most advanced chips available to China, according to people briefed on the intelligence cited by The Business Times. The Verge likewise reported that the alleged effort involved seeking information about American AI chips and influencing the company’s position on exports.

The Business Times said the memo and the US assessment of Alice Huang’s alleged intelligence role had not previously been reported. The account remains an allegation attributed to US intelligence; the cited reports do not independently establish that she worked for China’s intelligence service.

TechCrunch reported that an Nvidia spokesperson told The New York Times Jensen Huang’s interactions with Alice Huang were “not unusual,” and said Nvidia does not share classified information with customers. The spokesperson also said the company sells “the first, best and most of our technology in America,” TechCrunch reported.

The Verge reported that three House committees had asked Jensen Huang to appear for a joint, closed-door briefing about his interactions with Alice Huang. It also said President Donald Trump had been briefed the previous year about the relationship and had taken no action. These details add political scrutiny to the reported intelligence assessment, but do not independently confirm the underlying allegation.