Technology
Megaspeed Breaks Its Silence: Alice Huang Left in August 2025, Company Says, as It Hires Outside Lawyers for a Review
The Singapore cloud firm at the center of the Nvidia scandal says it runs a lawful business, but the statement leaves the hardest questions for investigators in two countries.
By RYAN MERCERStaff Correspondent · VIRGINIA · Nov 15, 10:40 AM · 3 min. read

Illustration · Liberty Bell Report
The Singapore company at the center of the scandal that ended Jensen Huang's run at Nvidia spoke publicly on Sunday, and its main message was distance.
Megaspeed said Alice Huang, the former executive whose relationship with the Nvidia co-founder set off a national security storm in Washington, left the company in August 2025, The Hindu reported. The Korea Times reported that the company gave Aug. 30, 2025, as the effective date of her departure and said she holds no position there today. The firm stayed silent on what it described as her personal matters, The Times of India reported.
The company also said it has retained outside legal counsel to conduct a thorough internal investigation, and it insisted it has carried out "legitimate and lawful business," according to The Hindu. CNBC reported that the probe covers the reports about Megaspeed's business that have piled up since the story linking the two Huangs broke. Alice Huang and Jensen Huang are not related.
The stakes for Megaspeed are high. Reuters has described the Singapore firm as a major buyer of Nvidia chips. Jensen Huang admitted an extramarital relationship and stepped down after days of reports that Alice Huang was tied to Chinese intelligence, Reuters reported.
What the Statement Does Not Settle
The timing of her exit is now the first thing investigators and reporters will test. A short seller, Culper Research, claimed in May, citing a Megaspeed employee, that Alice Huang was still effectively in charge, a claim that cuts against the company's account, according to reports on the dispute.
The company's legal troubles also go beyond one former executive. Megaspeed remains under investigation in Singapore, and authorities there have said that inquiry is ongoing, CNBC reported.
In Washington, the Commerce Department's Bureau of Industry and Security has been investigating Megaspeed and Alice Huang since September 2024, as part of a wider probe into whether overseas companies were steering restricted Nvidia chips into China, Reuters reported last week. Megaspeed has said it cooperated with U.S. inspections, and Beijing has denied that Alice Huang is a spy, according to the same report.
The fight inside the administration is still simmering, too. Treasury Secretary Scott Bessent said last week that the Treasury, the Pentagon, the State Department and the U.S. Trade Representative had favored putting Megaspeed on the government's export blacklist for months, while the Commerce Department "has the pen," The Hill reported.
Why It Matters
For American readers, the stakes go well beyond one executive's private life. The most advanced AI chips are the strategic high ground of this century. They power everything from the chatbots on our phones to the systems our military will rely on. If those chips are leaking to the Chinese Communist Party through middlemen, Americans deserve to know how it happened and who should have stopped it.
That is also why a company-run review is a beginning, not an answer. An internal investigation is commissioned and paid for by the company being examined. Its findings, if they are ever made public, should be weighed against whatever U.S. and Singaporean investigators conclude on their own.
Fairness matters as well. None of the reporting so far describes a criminal charge against Alice Huang or Jensen Huang. A man who helped build America's lead in computing deserves due process, not a verdict by headline, and the same standard applies to the people and companies on the other side of the story. The facts should decide this, not the loudest voices.
What Comes Next
Three threads will move this story in the weeks ahead. First, whether Commerce adds Megaspeed to the Entity List, the step Bessent says other agencies wanted. Second, what Singapore's investigators find. Third, whether Megaspeed puts its internal review on the record; reports on Sunday's statement did not include a timetable for it.
Until then, the company has drawn a line: Alice Huang left more than a year ago, and Megaspeed says it has done nothing wrong. Washington will want to see the evidence behind both claims.
Sources
- CNBC: Megaspeed says Alice Huang left in 2025 as it launches internal probe into reports about its business (link)
- The Hindu: Megaspeed says Alice Huang left company in August 2025 (link)
- The Korea Times: Megaspeed says Alice Huang left firm in August 2025 (link)
- The Times of India: Megaspeed says Alice Huang exited company in 2025, stays silent on 'personal matters' (link)
- U.S. News & World Report (Reuters): What We Know About Chinese Businesswoman Alice Huang (link)
- The Hill: Bessent: Treasury pushed to blacklist Megaspeed, but 'Commerce has the pen' (link)
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