U.S. intelligence officials believe Chinese businesswoman Alice Huang, also known as Huang Le, passed information to Beijing while maintaining a close relationship with Nvidia CEO Jensen Huang, according to a report published by The New York Times on Thursday. The allegations have raised national security concerns amid the ongoing U.S.-China competition over advanced computing technology and semiconductor exports.

Alice Huang is a Chinese national and senior executive associated with Megaspeed, a Singapore-based data center company. U.S. officials had already suspected the company of helping China gain access to advanced Nvidia chips in violation of American export restrictions. Surveillance of Alice Huang reportedly led investigators to identify her relationship with the Nvidia chief executive. The two are not known to be related.

President Donald Trump was briefed on the intelligence findings roughly a year ago but did not take action, according to the report. Officials reportedly believed at the time that Jensen Huang was unaware of the suspected intelligence activity. The Nvidia CEO was not given a formal warning, and it remains unclear what information Alice Huang allegedly collected or transmitted to Chinese authorities.

The investigation also involves concerns about Megaspeed’s access to advanced computing hardware. According to The New York Times, a Malaysian sister company purchased at least $4.8 billion in equipment containing Nvidia chips between June 2024 and February 2026. Megaspeed supplies computing services to Chinese companies, including Alibaba, and U.S. investigators have examined whether China was diverting advanced chips.

Nvidia denied that its business dealings with Megaspeed involved sensitive information. Company spokesman John Rizzo said Jensen Huang regularly meets customers and business executives as part of his role, adding that Megaspeed receives ordinary business information rather than confidential trade secrets or information relevant to national security. Nvidia has maintained that it complies with U.S. law and has said it has found no evidence that its chips were smuggled into China.

Megaspeed said its leadership takes the allegations seriously and has retained outside legal counsel to conduct an internal investigation. The company also said it would cooperate with U.S. authorities. According to the report, Alice Huang did not respond to requests for comment.

The Chinese Embassy in Washington rejected the allegations, describing them as “groundless smears and slanders.”

The case comes as Washington continues to restrict China’s access to advanced computing hardware over concerns that the technology could strengthen Beijing’s military and intelligence capabilities. Nvidia, one of the world’s leading suppliers of advanced processors used in data centers and SI development, has been at the center of the debate over whether American companies should be permitted to sell certain chips to Chinese customers.

Several important details remain undisclosed, including what information Alice Huang allegedly passed to Beijing, the evidence supporting the intelligence assessment, and whether any information obtained through her relationship with Jensen Huang had national security implications. The publicly reported allegations do not establish that Jensen Huang knowingly participated in espionage or was aware of the suspected operation.