Alice Huang, who is facing allegations of espionage, reportedly leveraged her relationship with Nvidia CEO Jensen Huang to facilitate the supply of American-made Nvidia artificial intelligence (AI) semiconductors worth at least $7.5 billion to China.
On November 10, Reuters cited the IT news outlet The Information, stating that the romantic relationship between the two has spanned several years. Alice Huang, along with her business partner and presumed husband Kang Wei, established a complex network connecting China, Singapore, and Malaysia to secure Nvidia chips for Chinese customers.
As U.S. export controls on semiconductors to China led to delays or cancellations of Nvidia chip orders, Alice Huang reportedly utilized her connections with CEO Huang to secure supplies, according to The Information.
The high-performance semiconductors, including the H100, H200, and A100 models, totaled 240,000 units and were valued at a minimum of $7.5 billion. These chips were provided to major Chinese companies, including Alibaba and Tencent, as well as smaller AI firms for training AI models.
Notably, Alibaba was identified as a primary customer and financial link. According to the Financial Times, Speedmatrix, a Malaysian subsidiary of Megaspeed, secured a loan from Alibaba's Singapore affiliate Apex by using its entire business as collateral. Alice Huang reportedly emphasized to Southeast Asian investors that securing Nvidia chips was possible by presenting Alibaba as a customer.
* This article has been translated by AI.
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