November 12, 2026 | Technology & International News
NVIDIA, one of the world’s leading artificial intelligence chip manufacturers, is facing growing scrutiny following fresh reports alleging that a network of companies connected to Chinese businesswoman Alice Huang helped facilitate at least $7.5 billion worth of NVIDIA chip shipments to Chinese firms.
The latest revelations have intensified concerns surrounding NVIDIA CEO Jensen Huang, whose reported relationship with Alice Huang has become the subject of an international controversy involving alleged espionage, US export restrictions and national security.
Report Claims $7.5 Billion in NVIDIA Chips Reached Chinese Companies
According to a report by The Information, cited by Reuters on November 10, Alice Huang, along with her husband and sister, allegedly built a network of companies operating across China and Singapore to acquire NVIDIA’s advanced artificial intelligence chips.
The report claims that the network helped facilitate shipments of approximately 240,000 NVIDIA chips, including H100, H200 and A100 models, to Chinese companies.
One company identified in the report was Shanghai Century Litong, established in June 2023. It reportedly obtained preferred cloud partner status with NVIDIA, giving it priority access to certain chips.
The report further alleges that Alice Huang used her connections with NVIDIA and its distributors to secure chip supplies when orders involving products subject to US export restrictions faced difficulties.
These claims have not been independently verified by Reuters, and the companies involved have not publicly established the full extent of their involvement.
US Authorities Investigate Alleged Chinese Intelligence Connections
The controversy follows reports that US intelligence officials suspected Alice Huang, a former executive at Singapore-based Megaspeed, of having links to China’s Ministry of State Security.
According to previous reporting by The New York Times, US authorities believed she may have been involved in an intelligence operation targeting Jensen Huang.
The investigation has raised questions about whether sensitive business information or details concerning NVIDIA’s technology and commercial operations could have been accessed by foreign intelligence.
The US Department of Justice is also examining allegations involving Megaspeed and possible violations of export-control regulations.
China has rejected the espionage allegations, describing the claims as baseless.
Jensen Huang Acknowledges Extramarital Affair
NVIDIA CEO Jensen Huang acknowledged being unfaithful to his wife in a message to employees on November 8.
Although he did not publicly identify the woman involved, he apologised to his family, company employees, business partners and shareholders.
Huang also expressed support for NVIDIA’s investigation and said he would cooperate fully.
US President Donald Trump subsequently confirmed that the FBI was looking into the matter. Trump also said Huang had told him that he had no knowledge of the woman’s alleged intelligence connections.
However, the existence of an investigation does not establish that Huang knowingly participated in espionage or any illegal activity.
NVIDIA Board Launches Independent Investigation
Following the allegations, NVIDIA’s board established an independent committee to examine whether its CEO had been targeted by a foreign intelligence operation.
The company has also brought in external legal advisers to assist the investigation.
NVIDIA has stated that its board has no reason to believe that company secrets or US national security interests were compromised.
The investigation is expected to examine the available information surrounding the reported relationship, the company’s connections with Megaspeed and potential exposure of sensitive corporate information.
Shareholders File Lawsuit Against NVIDIA
The controversy has also reached the financial markets.
NVIDIA shareholders have filed a proposed class-action lawsuit against the company and Jensen Huang, alleging that investors were not adequately informed about material information concerning the reported relationship and associated risks.
The lawsuit raises questions about whether previous company statements regarding its business relationships and connections with Megaspeed misled investors.
The legal claims remain unproven. Plaintiffs will need to establish that investors were misled and that the relevant legal requirements for securities fraud were met.
What Happens Next?
The latest developments have placed NVIDIA under scrutiny from investors, US authorities and lawmakers.
The central questions now concern the alleged movement of restricted AI chips into China, the activities of companies connected to Alice Huang and whether any sensitive information was compromised.
For NVIDIA, the outcome of the independent board investigation and the ongoing government inquiries could have significant implications for its leadership, investor confidence and international business operations.
While the allegations remain under investigation, the case highlights the growing importance of protecting advanced artificial intelligence technology amid rising tensions between the United States and China.
Also read – Trump Says FBI Investigating Nvidia CEO Jensen Huang Over Alleged Chinese Spy Links
