Megaspeed Says Alice Huang Left Company in August 2025

Megaspeed, the Singaporean data center company, said on Sunday that Alice Huang, a former executive at the center of what U.S. officials call a Chinese spy plot targeting the Nvidia co-founder Jensen Huang, had left the company in August 2025, according to a company statement.

The statement, which was reported by The Associated Press, was Megaspeed’s first to directly address the status of Ms. Huang since she became the focus of international scrutiny over her ties to Mr. Huang, who resigned from Nvidia on Thursday.

News of their relationship rocked Nvidia, the dominant maker of artificial intelligence chips, as well as the global technology sector and the U.S. government.

Last month, The New York Times reported that American officials had concluded Ms. Huang was a Chinese intelligence asset and had a close relationship with Mr. Huang, one of the most powerful figures in the A.I. boom and an adviser to President Trump.

Mr. Huang acknowledged last Sunday that he had had an affair with Ms. Huang, and Nvidia’s board of directors said they had begun an investigation into his conduct. On Wednesday, The New York Times reported that he also had an extramarital relationship with an executive at Nvidia who reported to him. He abruptly stepped down as chief executive the next day from the company he had led for more than 30 years.

The chip maker’s stock has fallen about 30 percent below its all-time high, which was set just over a month ago, erasing more than $1 trillion in market value.

The scandal has trained attention on Megaspeed, a small company that purchased billions of dollars of Nvidia’s coveted chips from 2024 to 2026.

That set off an investigation by the U.S. Department of Commerce as to whether some of the chips were funneled to China, in possible violation of American export restrictions. The United States has not lodged any formal charges against the company.

On Thursday, Megaspeed’s chief executive, James Tan, said in a statement that the company had not broken U.S. laws, had cooperated with Commerce Department investigators and was “ready to cooperate fully with any other relevant U.S. government authority.”

Megaspeed’s statement on Sunday reiterated that its business was “legitimate and lawful” and for the first time mentioned Ms. Huang, who helped set up the company starting in 2023, saying she had no current role there.

“Megaspeed does not comment on Ms Huang’s personal and private matters,” it told The A.P. in an emailed statement.

“The company has retained external legal counsel to conduct a thorough internal investigation,” the company added.

Still, the statement added to the emerging timeline involving Ms. Huang, who has not responded to requests for comment. China has denied the espionage claims.

The Times reported in October 2025 that Ms. Huang had stepped down from the company months earlier, citing a human resources manager, though it was unclear where she went.

Last week, the government of Singapore said it had confiscated Ms. Huang’s passport from June 2025 to February 2026 over “potential false declarations” about Megaspeed. She was ultimately released and barred from re-entering Singapore.

U.S. officials, including Secretary of State Marco Rubio, had informed Mr. Trump of concerns about Ms. Huang and her relationship with Mr. Huang as early as October 2025.

Mr. Trump declined to take action. This May, Mr. Trump brought Mr. Huang with him on a trip to China, another sign of Mr. Huang’s importance to the A.I. data center boom that is a key driver of the American economy.

The scandal has touched off a new round infighting in the Trump administration over its approach to A.I. and China.

Commerce Secretary Howard Lutnick, a prominent voice in favor of allowing U.S. companies like Nvidia to sell products in Asia, has faced accusations from others in the administration and in Congress that his department has been too cozy with Nvidia and Mr. Huang.

Scott Bessent, the Treasury secretary, said on Friday that his department and others had supported putting Megaspeed on a trade blacklist, but that only the Commerce Department could take that step. The Commerce Department said that such a move would be an administration-wide decision.

Mr. Bessent said on Sunday that Nvidia should look outside itself for a new chief executive. On “Sunday Morning Futures” on Fox News, he said that the company needs “a dramatic shake-up.”

He added that the company’s board and outside counsel within the next 10 days needed to answer questions ​about the company’s culture of compliance with export ⁠restrictions.

Adeel Hassan contributed reporting.