Traders Warned Months Ago That Nvidia CEO Jensen Huang's Relationship With Suspected Chinese Spy Alice Huang Was "Too Close"

In a report published in May 2026, short seller Culper Research warned that Nvidia CEO Jensen Huang's relationship with Alice Huang, an executive at Singapore-based company Megaspeed, was "too close"; months later, their relationship became public. The report, citing Megaspeed employees, said Huang visited the company's affiliated data centers every few months, and that Alibaba representatives accompanied him each time; the report also said Megaspeed was secretly funded by Alibaba through multiple suspected shell companies. A classified US State Department memo said Alice Huang was recruited by China's Ministry of State Security. The Nvidia board announced on Sunday that independent lawyers and directors would conduct an investigation to determine whether Huang was "the target of foreign intelligence activity," while saying it still had confidence in his leadership.