The memo, based on U.S. intelligence, also claims a romantic relationship between the executive and Jensen Huang.

China’s Ministry of State Security recruited Alice Huang, an executive at Singapore-based Megaspeed, to spy on Nvidia CEO Jensen Huang, according to a U.S. intelligence memo circulated earlier this year. Multiple media outlets reported on the memo, and The New York Times covered it first.

The Financial Times later reported that the memo also alleged a romantic relationship between Jensen Huang and Alice Huang. An Nvidia spokesperson told the Times that the CEO’s interactions with the executive were not unusual and that Nvidia does not share classified information with customers.

U.S. officials now scrutinize how advanced Nvidia chips reach China. A separate Times report found only an empty office at the listed address of New Matrix, a company the Commerce Department authorized to buy advanced chips, raising concerns about a front for a blacklisted private equity firm. Builders tied to Nvidia supply chains should treat distributor and customer vetting as a live compliance risk.

Nvidia told the Times that it sells the first, best, and most of its technology in America. Watch whether Commerce officials tighten vetting of authorized chip buyers such as New Matrix, and whether lawmakers press Nvidia for details on how it screens customers and partners.

What matters

• U.S. intelligence reportedly indicates China recruited a Megaspeed executive to spy on Jensen Huang.
• Chip supply scrutiny extends to executives, customers, and the intermediaries that route advanced hardware.
• Watch whether U.S. Commerce officials tighten vetting for authorized chip buyers like New Matrix.

Why it matters

Watch whether U.S. Commerce officials tighten vetting for authorized chip buyers like New Matrix.

This GenAI News article was prepared in original wording using reporting and materials published by TechCrunch AI. Source reference: https://techcrunch.com/2026/11/07/chinese-exec-was-recruited-to-spy-on-nvidia-ceo-according-to-us-intelligence-memo/.

Drafted by the GenAI News review pipeline.