US intelligence report says a Megaspeed executive was recruited to spy on Nvidia's CEO

The source material is a short TechCrunch item (an "In Brief" piece), not a full-length report. This summary is therefore brief and confined to what that text contains. Everything below comes from outlets cited by TechCrunch and consists of attributed claims, not independently confirmed facts.

According to several outlets, a memo circulated earlier this year alleging that Alice Huang, a tech executive, had been recruited by China's Ministry of State Security to spy on Nvidia CEO Jensen Huang. The New York Times was the first to report on the memo, and it had previously said that Nvidia's chief executive had been targeted by Chinese intelligence.

The Financial Times later added that the memo, reportedly based on U.S. intelligence, also claimed that Jensen Huang was in a romantic relationship with Alice Huang. She is an executive at Megaspeed, a Singapore-based company.

An Nvidia spokesperson told the NYT that Jensen Huang's interactions with Alice Huang were "not unusual" and that the company does not share classified information with its customers.

Another NYT report looked into New Matrix, a Chinese company authorized by the U.S. Commerce Department to buy advanced Nvidia chips. At the address listed as its office, reporters found only "a gray, hollow shell." This raises suspicions that it could be a front for a blacklisted private equity firm. The Nvidia spokesperson responded that the company sells "the first, the best and the most of our technology in the United States."

The page also shows related TechCrunch headlines. They include reports that Nvidia will investigate its CEO's relationship with a possible Chinese spy, and that a short seller had flagged his ties to a suspected spy six months earlier. These appear only as headlines, without their content, so I cannot provide further detail or verify them.