Singapore is investigating Megaspeed, the company at the heart of the scandal that led to Jensen Huang’s ouster as head of chip giant Nvidia. The question is whether Megaspeed, a Singaporean firm, lied to the government about the servers it was buying from U.S. companies.
The Singaporean police last year interviewed Alice Huang (黃樂), the Megaspeed executive with whom Jensen Huang admitted to having an affair, a Ministry of Home Affairs press release from yesterday states.
Alice Huang was barred from leaving Singapore for several months while under investigation for making false declarations in relation to the purchase of servers. The police ultimately found insufficient evidence to establish whether Huang had committed any offenses. She was not investigated for espionage.
The charges revolve around the allegation that companies are buying servers and shipping them through Singapore to third-party countries in Southeast Asia not covered by U.S. restrictions. The accusation is that these servers are then sent to China.
Singapore’s police and its customs authority began investigating Megaspeed and several other companies in February 2025. Charges related to “fraud by false representation involving the purchase of servers” have been brought against six companies so far.
The charges relate to the acquisition of servers from Dell, Supermicro and Asus. The investigation into Megaspeed is ongoing, but Singapore says both Supermicro and U.S. authorities, including the FBI and the Department of Justice, have been unhelpful in providing information the Singaporean police need.
President Donald Trump was briefed about Jensen Huang’s relationship with Alice Huang and the suspicion that she was a Chinese intelligence asset in the fall of 2025. During that time she was barred from leaving Singapore.
The U.S. indicted three individuals connected to Supermicro for selling servers to China in March this year. Taiwan indicted a further nine people for selling Supermicro servers to China in August. Alice Huang’s passport was seized in June 2025 after she was interviewed by police. It was returned in February 2026, and she left Singapore the same day. She is currently believed to be in Beijing.
Although police say there was insufficient evidence that Huang had made inaccurate declarations about server purchases, they concluded she had “provided information which she knew to be inaccurate” about her role in Megaspeed during the investigation. As a result, she is barred from re-entering Singapore.
It was initially reported that the U.S. and Singapore believed Alice Huang was a Chinese intelligence agent. But both governments have now partially denied this.
The affair between Jensen Huang and Alice Huang casts an uncomfortable light on Jensen Huang’s commercial and political decision-making. Nvidia sold $7.5 billion of chips to Megaspeed, and he has also argued for the lifting of U.S, restrictions on the sale of Nvidia’s chips to Chinese firms.
Megaspeed was allegedly financed by Chinese internet giant Alibaba through a series of shell companies, according to a report by Culper Research, a short-selling firm, in May this year. That report noted an “uncomfortably close relationship” between Jensen Huang and Alice Huang months before the story was broken in the mainstream media. Culper Research alleged that Megaspeed is part of a much larger network channeling chips to China.
Singapore has emphasized it “takes seriously its reputation as a trusted international trading and business hub.”
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