Jensen Huang's ties to alleged spy aided at least $7.5 billion in Nvidia chip shipments to China, report says

Alice Huang, the Chinese businesswoman alleged to be a spy for Beijing, used her relationship with Nvidia CEO Jensen Huang to help move about 240,000 H100, H200 and some A100 chips, worth at least $7.5 billion, into China, The Information reported, citing two people who know her; Reuters could not independently verify the report. With her husband and sister, she built a network of companies across China and Singapore centered on Shanghai Century Litong, which gained Nvidia preferred cloud partner status in 2023 and ran data centers whose chips ultimately served Alibaba, Tencent and smaller Chinese AI labs. She also held an executive role at Singapore-based Megaspeed, which US authorities have investigated over chip shipments to China. Century Litong told The Information it obtained its partner status lawfully and denied doing business with her. Nvidia's board opened an internal investigation on Sunday, and the FBI is examining whether Jensen Huang was targeted by a foreign intelligence operation.