Megaspeed says Alice Huang left in 2025 as company conducts internal probe over Nvidia fallout
Megaspeed International, a Singapore cloud company tied to Nvidia scrutiny, disclosed that Chinese businesswoman Alice Huang left the firm on August 30, 2025, and that an external-lawyer–led internal probe is underway. The move comes amid ongoing questions from U.S. and Singapore authorities about alleged transfers of advanced Nvidia chips to Chinese entities and possible false declarations in server purchases. While deflecting specific claims, Megaspeed asserted compliance with export-control laws and cooperation with investigations, as it faces heightened scrutiny tied to Huang’s relationship with Nvidia’s former CEO and broader supply-chain concerns. The company’s future hinges on the results of regulatory reviews and its ability to demonstrate legitimate operations and governance, with authorities continuing to scrutinize its disclosures and business practices.
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Megaspeed stated Huang left the company effective August 30, 2025 and currently holds no role, as it runs an internal investigation led by external counsel.
Singaporean authorities had previously opened a probe into Megaspeed for potential false declarations related to server purchases, and questioned Huang by year’s end, though later found insufficient evidence of criminal conduct.
U.S. and international scrutiny intensified around alleged illicit transfers of advanced Nvidia chips to Chinese firms, with Megaspeed denying evidence of such transfers and emphasizing lawful operations.
The company has framed itself as a legitimate cloud provider and has asserted cooperation with U.S. export-control inspections, indicating readiness to engage with relevant authorities.
Assets of Megaspeed reportedly surged, reaching almost $3 billion, reflecting a dramatic rise from the prior year and highlighting the scale of its operations.
Media and public attention linked Huang to a broader narrative involving Nvidia’s leadership and potential political dimensions, though regulators have not concluded whether she acted as a spy.
Megaspeed’s governance changes and ongoing investigations will likely shape its regulatory standing and future ability to operate in export-sensitive markets.