What is alleged?
An investigation by The Information claims that Alice Huang, a Megaspeed executive whose relationship with Nvidia CEO Jensen Huang he has acknowledged, was a key intermediary in chip shipments to China. According to the report, Huang helped secure roughly $7.5 billion worth of AI GPU imports through a network of companies centered on Shanghai-based Century Litong and Singapore-based Megaspeed.
The numbers and the corporate web
The report estimates that about $4.6 billion worth of AI chips were imported through Megaspeed between 2023 and 2025, with another $2 billion routed through Speedmatrix. It also says Century Litong bought GPUs from other sources, with Huang stepping in when orders ran into trouble. In total, some 240,000 banned chips, mostly H100 and H200 systems, are said to have been moved into China.
Details of the relationship
According to the report, Huang used her closeness to Jensen Huang as a credibility signal with customers and was a familiar face at Nvidia events for Chinese partners. Century Litong received Nvidia's Preferred Cloud Partner status in October 2023, just months after it was founded.
Why it matters
With U.S. export restrictions still in place, the allegations point to possible gaps in enforcement. On Nvidia's side, the scandal continues to grow, with a board investigation and a congressional hearing request already in motion.
