Alice Huang reportedly instrumental in securing over $7.5B of Nvidia imports

An investigation describes a network of companies allegedly used to acquire and route roughly $7.5 billion in Nvidia AI hardware to China, including about 240,000 chips whose export was restricted. Alice Huang, a Megaspeed executive reportedly involved in the arrangements, is said to have helped secure shipments when orders stalled, drawing on her connections with Nvidia and its suppliers. Estimates cited put $4.6 billion in chips through Megaspeed from 2023 to 2025 and another $2 billion through its subsidiary, Speedmatrix; Shanghai Century Litong reportedly obtained GPUs through these and other channels. The shipments were mostly H100 and H200 systems, alongside earlier models affected by U.S. restrictions.

The account links Huang to Nvidia CEO Jensen Huang through a reported personal relationship, which she allegedly publicized to reassure customers and demonstrate her access. Shanghai Century Litong, founded in 2023 and controlled through a company linked to Huang’s sister, became an Nvidia Preferred Cloud Partner, a status that can improve access to scarce chips. Megaspeed pivoted into the data-center business around the same time, while U.S. investigators scrutinized Speedmatrix after finding Nvidia hardware still boxed at its Malaysian sites. The report also says Nvidia intervened during that inquiry and that Megaspeed retained partner status. Huang’s suspected links to Chinese intelligence remain unsubstantiated: China’s embassy denies them, while the FBI is reportedly investigating.