According to US intelligence officials, Nvidia CEO Jensen Huang was courted by Alice Huang, a senior executive at Singapore-based Megaspeed, whom US officials believe passed information to Chinese intelligence agencies. The New York Times reported that Donald Trump was briefed on the matter, and Jensen Huang has been photographed with Alice Huang at events in Taiwan. A report by short-seller Culper described the two as “very close,” while Nvidia said the interactions were “not unusual or unexpected.” Megaspeed is one of Nvidia's biggest Asian customers, and officials are investigating whether it helped Chinese companies evade US chip export controls; Nvidia says those claims were “thoroughly investigated and debunked.” In January, Trump partially reversed the export ban, allowing sales of less powerful Nvidia AI chips while imposing a 25% tariff on sales to Chinese customers.
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NVDA
▼ Likely negativeNvidia
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Information Technology |
| Industry | Semiconductors |
| Market cap | $5.1T |
| Close on 10/28/2026 | 215.39 |
| Change that session | -1.17% |
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