Megaspeed says Alice Huang left in 2025 as company conducts internal probe over Nvidia fallout
Megaspeed International disclosed that Alice Huang left the company on Aug. 30, 2025, as it faces an internal probe into alleged transfers of Nvidia chips to Chinese firms in possible violation of export controls. The Singapore-based cloud provider is under scrutiny from U.S. authorities, which coincides with broader questions about its supply chain and operations. The company asserts it operates lawfully and is cooperating with investigations, while noting Huang’s departure and absence from the business. The development follows heightened attention around Nvidia-related securities concerns and leadership changes at Nvidia. The firm’s asset base surged prior to the probes, highlighting rapid growth amid regulatory scrutiny and ongoing inquiries into compliance with export laws.
Dive Deeper:
Alice Huang left Megaspeed effective August 30, 2025, and no longer holds any role with the company, as Megaspeed announced it has retained external legal counsel to conduct a thorough internal investigation into the matter.
Megaspeed is a Nvidia customer and cloud partner that has faced allegations of routing large quantities of advanced Nvidia chips to Chinese firms in circumvention of U.S. export restrictions, though it previously claimed there was no evidence of illicit transfers.
Singapore’s government initiated an investigation into Megaspeed in February 2025, examining potential false declarations related to server purchases and questioning Huang while withholding her passport during the inquiry.
U.S. authorities, including the Commerce Department’s Bureau of Industry and Security, have scrutinized Megaspeed, with the company saying it has cooperated with inspections and remains prepared to cooperate with other relevant U.S. agencies.
There has been widespread media and official attention surrounding Huang’s relationship with Nvidia’s former CEO Jensen Huang, which coincided with Nvidia announcing his stepping down as CEO amid broader investigations.
Public records show Megaspeed’s assets leaped roughly 90-fold from end-2023 to 2024, reaching almost $3 billion, underscoring rapid growth that amplified regulatory and governance concerns.