New twist in Jensen Huang scandal: Alice Huang surfaces in Beijing

The figure at the center of the scandal is in Beijing

According to Bloomberg, Alice Huang, the Megaspeed executive alleged to have had an affair with Nvidia CEO Jensen Huang, has been seen in Beijing for the first time since the scandal broke. It is unclear when or why she arrived in the capital; she was last spotted in 2025 heading to Shanghai after being detained and questioned in Singapore.

Congress and the FBI are involved

Huang's ties to a $2 billion chip-smuggling case allegedly run through Megaspeed are under scrutiny. Congress has warned it will subpoena Huang if he does not respond to an invitation to a joint, closed-door briefing with the heads of the House committees on China, Foreign Affairs and Intelligence. The FBI is also looking into the relationship between the head of the world's largest AI hardware company and a person suspected of helping sanctioned Chinese companies secure hundreds of thousands of banned H100 and H200 chips.

A second allegation

A second report published overnight claims Jensen Huang also had an extramarital affair with Kimberly Powell, Nvidia's VP of health care. The Chinese embassy in Washington denied any links to Alice Huang, calling the claims "groundless smears and slanders."

The business network

Alice Huang, whose Chinese name is Huang Le, worked in media before moving into banking and finance, according to The Wall Street Journal. In 2016 she and her husband, Kang Wei, founded Shanghai Hexi, a private equity and investment management firm. The couple invested across gaming, pharmaceuticals and eventually data centers and cloud computing. Kang's moves in the gaming industry brought him close to Jensen Huang. Sources told the WSJ that Kang accepted the relationship between his wife and Huang, sometimes jokingly calling her Huang's "personal assistant."

Why it matters

The claim that $7.5 billion worth of banned chips reached China despite US sanctions highlights how porous export controls on AI hardware remain. Whether Alice Huang acted purely out of business interest or was leveraged by Chinese intelligence has not been established.