Banned Nvidia Chips Traced to Network Tied to Alice Huang, Bloomberg Says
Bloomberg says filings link Nvidia chips barred from sale in China to a web of companies connected to Megaspeed executive Alice Huang.
A Chinese company with ties to Alice Huang, the Singapore-based executive at the center of the scandal that toppled Nvidia’s chief executive, bought advanced Nvidia AI chips that are barred from sale in China, and the chips ended up at a Shanghai data center linked to her family, Bloomberg News reported on Thursday. Engadget, summarizing the report, said Bloomberg’s documents point to a wider network of Chinese firms that obtained restricted Nvidia hardware, with Alice Huang at its center.
The findings add a paper trail to allegations that have rocked Nvidia, the world’s most valuable chipmaker, over the past two weeks. Jensen Huang, Nvidia’s co-founder, resigned as chief executive this week after admitting to an affair with Alice Huang. The two are not related. US officials believe she was recruited by China’s main intelligence agency to target him, according to the reports. China has denied the espionage claims, and Alice Huang has not responded to requests for comment from news organizations.
What Bloomberg found
According to Engadget’s account of the report, the evidence comes from government filings submitted by Shanghai Longteng Intelligent Computing, a Shanghai company that had to disclose its hardware because it pledged its servers as collateral for financing. Corporate records show Alice Huang set up the company about a decade ago and left in 2017. Her sister, Huang Yu, later became its majority owner. The filings do not show whether Alice Huang was personally involved in the chip purchases.
The filings list equipment that, under US export rules, should not have been in Chinese hands without government approval:
- 22 Dell servers fitted with Nvidia H800 chips, bought through Aperia Cloud Services, a Singapore-based Nvidia cloud partner. Dell reportedly cut ties with Aperia in February 2025 over concerns about the deal.
- 52 units from Super Micro Computer, a US server maker, equipped with Nvidia H100 or H200 chips, which cannot be sold to Chinese companies without US permission.
The hardware was installed at a Shanghai AI facility known as the Yangtze River Delta Project. Its president is Kang Wei, who is reported to be Alice Huang’s husband and the person who introduced her to Jensen Huang. Megaspeed, the Singapore cloud company where Alice Huang is publicly listed as an executive, showed investors a rendering of the site in 2024 and described it as its largest AI facility, Engadget reported.
A larger picture of alleged diversion
The Bloomberg report follows other investigations into how Nvidia hardware may have reached China. The Information reported earlier this week that the network built by Alice Huang, her husband and her sister helped move at least $7.5 billion worth of Nvidia chips, roughly 240,000 GPUs, to Chinese companies, according to tech outlet Techzine. That report centered on Shanghai Century Litong, a company founded in June 2023 that became a preferred Nvidia cloud partner within months, and on Megaspeed and its Malaysian subsidiary, Speedmatrix. Some of the hardware supported Alibaba, Tencent and smaller Chinese AI labs, The Information reported. Reuters said it could not verify that report.
Bloomberg has also reported that Megaspeed imported about 17,544 Nvidia GB300 chips, worth roughly $787 million, into Malaysia in November 2025, according to The Next Web. That was months after Nvidia says it banned all sales and shipments to Megaspeed in June 2025. Bloomberg also found that a count Nvidia gave US officials of chips sold to Megaspeed through hardware partners was 50,000 units short.
Nvidia has said its inventory checks found no evidence that its chips were diverted to China. A company spokesperson told Bloomberg that Nvidia works to “resolve any allegations of ‘diversion’ promptly” while serving lawful customers. Megaspeed has categorically denied the diversion allegations and said a Singapore probe ended this year with no action against it.
Questions for Washington
The case has also put US enforcement under scrutiny. The Next Web, citing Bloomberg, reported that staff at the Bureau of Industry and Security, the Commerce Department agency that enforces chip export controls, were told to route all Nvidia requests through Jeffrey Kessler, the under secretary overseeing export curbs. Sources described that arrangement as highly unusual. The Justice Department asked the bureau to pause its Megaspeed smuggling case in late 2025, and the case has not moved since, according to Bloomberg. A bureau spokesman said it “conducts all enforcement strictly by the book.”
Lawmakers from both parties are pressing for action. Senators Jim Banks, an Indiana Republican, and Elizabeth Warren, a Massachusetts Democrat, have urged Commerce to suspend or reconsider Nvidia’s China export licenses and are backing a bill that would temporarily bar the company from selling Chinese customers chips more advanced than the H200.
What comes next
Jensen Huang is due to testify before Congress this month, and officials are expected to review the Bloomberg material beforehand, Engadget reported. Three House committee chairs have also asked him to attend a closed briefing on Nov. 18. Meanwhile, the FBI is examining whether he was the target of a foreign intelligence operation, and Nvidia’s board is running its own internal investigation. None of the companies or people named has been charged in connection with the allegations, and the chip purchases described in the filings have not been tested in court.
