Singapore firm Megaspeed back in the spotlight over Nvidia scandal, China chip allegations

A little-known Singapore-registered company is embroiled in a mounting love scandal surrounding Nvidia chief Jensen Huang and US allegations of Chinese espionage.

Huang’s admission of an extramarital affair has renewed scrutiny of Megaspeed, after media reports identified a former executive of the Singapore firm as the woman involved in the relationship, which US officials suspect was linked to Chinese espionage.

Megaspeed, a major Nvidia customer, is believed to have been founded and led by Chinese businesswoman Alice Huang, the woman identified in the media reports and accused of spying for Beijing. Jensen Huang did not name the woman in his admission, while China’s foreign ministry has dismissed the espionage allegation as “groundless”.

The company occupies a unit on the seventh floor of a sleek office building in Singapore’s central business district, but This Week in Asia was denied access during a site visit on Monday.

Local media outlet The Straits Times reported last year that no activity or occupants were seen in the unit.

Megaspeed, which has reportedly bought billions of dollars’ worth of chips from US tech giant Nvidia for its data centres, is under investigation by US authorities over allegations that it helped Chinese firms circumvent American export restrictions on advanced AI chips.

Singapore separately confirmed in October 2025 that it was investigating Megaspeed for suspected breaches of domestic law, without specifying the alleged offences. Police said on October 30 this year that the investigation remained ongoing. Megaspeed has denied wrongdoing.

Singaporean Tan Yong Pong has been the firm’s director since November 2023, the same month Chinese national Huang Le ended an eight-month tenure as managing director, according to Singapore’s business registry. Huang Le is Alice Huang’s Chinese name.

The company – first registered in Singapore in 2015 – was previously called 7Road International, which is also the name of a Shenzhen-based gaming firm.

The Singapore company changed its name to Megaspeed in March 2023, the same month Huang Le assumed her position there.

Megaspeed’s sole registered shareholder is Swiftdata, which records show was incorporated in October 2023 and is owned by Tan. Under Singapore law, all local companies must keep accurate records of key persons, including directors and shareholders.

Despite confirming investigations into Megaspeed, Singapore has denied investigating Alice Huang’s ties to China. The home affairs ministry on October 31 refuted a Wall Street Journal article which cited sources stating that the city state had investigated the businesswoman’s ties to China.

“We would like to make clear that neither the Singapore government nor its officials said this. And there were no such investigations conducted in respect of Alice Huang,” said Singapore’s home affairs ministry, after the article was published.

Singapore did not implement unilateral export controls imposed by foreign jurisdictions, police said on October 30 in response to a query from the news outlet.

“At the same time, Singapore does not condone businesses deliberately using their association with Singapore to circumvent or violate other countries’ export controls.”

This Week in Asia has contacted Megaspeed, 7Road and the Singapore Police Force for comment.

According to its website, Megaspeed is an Nvidia cloud partner and “core business partner” of the US firm’s computing power cloud business in the Asia-Pacific region, and operates data centres in “East South Asia”. It has two to 10 employees, and offices in Jakarta and Johor, Malaysia, according to its LinkedIn page.

Megaspeed’s Malaysian subsidiary, Speedmatrix, bought at least US$4.8 billion worth of advanced AI equipment containing Nvidia chips between June 2024 and February, according to records cited by The New York Times. US officials reportedly visited Megaspeed’s data centre in Malaysia to investigate suspicions about how much it was buying.

In December last year, Megaspeed refuted a Bloomberg report alleging illegal chip transfers, saying the company had undergone multiple on-site inspections and reviews by Nvidia and the US and Malaysian governments.

The investigations confirmed there was “no evidence of any violations concerning the illicit transfer of chips or any illegal activities” and showed the firm was “compliant and legitimate”, Megaspeed said.

Megaspeed reshared the statement on its LinkedIn account on Monday, a day after Jensen Huang admitted his infidelity and apologised in a memo to Nvidia’s employees. He did not disclose the name of the woman.

The same day, the tech giant said in a statement that the board was initiating an independent investigation into Jensen Huang being the target of a “foreign intelligence effort”, but noted it had “no reason to believe that either national security or Nvidia secrets were compromised”.

Nvidia said Jensen Huang “fully supports” and was committed to cooperating with the review.

In an interview filmed less than a month ago, Jensen Huang told Bloomberg that the firm had checked all of Megaspeed’s chip deployments to ensure that no illegal shipments to China were made.

He said that his relationship and interactions with Alice Huang – who is “no longer with Megaspeed” – were related to the Singapore-based company and were “all completely normal and not unusual”.