Nvidia servers still in their boxes: As Jensen Huang's controversy grows, here's what a US official found inside Megaspeed's Malaysian data centre in 2024
The US agencies believe that Alice Huang was a Megaspeed executive and a Chinese spy. She was assigned the role to feed the information back to China. Megaspeed is a Singapore-based AI infrastructure company. According to reports, it had purchased...

Nvidia CEO Jensen Huang.
Notably, it still remains unclear when Alice Huang first met Nvidia CEO Jensen Huang. Alice Huang was seen sitting with Jensen in June 2024 at a bar in Taipei. Megaspeed had also begun a multibillion-dollar purchase of advanced AI microchips at that time, according to a New York Times report.
Why are all eyes on Megaspeed?
US agencies believe that Alice Huang was a Megaspeed executive and a Chinese spy. She was assigned the role to feed information back to China. Megaspeed is a Singapore-based AI infrastructure company. According to reports, it had purchased $4.8 billion in Nvidia chips over the last two years.ALSO READ: What is a 'defensive briefing,' and why didn’t Nvidia CEO Jensen Huang get one while US agencies were watching Alice Huang?
Nvidia servers still in their boxes
In October 2025, it was reported that Megaspeed was under investigation by the US and Singaporean governments. It was suspected that the company was involved in helping Chinese companies get around American embargoes on chip exports, according to TechCrunch.Times reported that Megaspeed was renting computing power to Chinese companies. In 2024, a Commerce Department official visited Megaspeed's data center in Malaysia. The official has reportedly found a hoard of Nvidia equipment that was still packed in boxes. The main concern was that this equipment was being directly shipped somewhere like China.
ALSO READ: Jensen Huang's $7.5 million Hawaii hideaway: Inside Nvidia CEO's oceanfront Maui home in an exclusive gated community; what makes it unique?
What did China say?
The Chinese government earlier said that the claims are nothing more than a "smear intended to malign China."The Economic Times Business News App for the Latest News in Business, Sensex, Stock Market Updates & More.
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