# Nvidia's Jensen Huang, Alice Huang and a trail of business links to Huawei — retained record

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source: [news](https://highsignal.app/data/news) (news:india-cnbc-tv18)  published 2026-11-13 07:23 ingested 2026-11-14 03:04

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Nvidia's Jensen Huang, Alice Huang and a trail of business links to Huawei
- Edited byGareema Bangad
- Published OnNov 13, 2026 | 12:53 IST
- Last Updated OnNov 13, 2026 | 12:53 IST
Private intelligence findings reveal that an individual linked to Nvidia leadership held indirect stakes in data center developers supplying Huawei, raising potential export-control scrutiny. Discover how complex corporate webs allegedly tied these transactions to major chip shipments.
The alleged Chinese spy, Alice Huang, may have had business interests in companies connected to Huawei, Nvidia's major competitor in China, during the period she was also associated with the chipmaker and reportedly involved in a romantic relationship with its former CEO, Jensen Huang, according to an investigation by CNBC.
The links between Alice Huang and Huawei were uncovered by analysts at private intelligence firm Tesari, which shared its findings exclusively with CNBC.
The firm, which uses artificial intelligence to gather evidence for national security investigations, traced a network of companies and transactions that allegedly connected businesses associated with Alice Huang to a data centre providing computing capacity to Huawei.
The findings raise questions about the nature of Alice Huang's business interests and whether Jensen Huang was aware of her reported connections to entities linked to his company's competitor.
Jensen Huang has acknowledged having an affair, although the timeline of his relationship with Alice Huang remains unclear.
Read more: 'Broken and shattered': Jensen Huang’s last hours as Nvidia CEO
According to Tesari, the connections between Alice Huang and Huawei were established through a complex web of corporate holdings and financial arrangements. The firm said the structure appeared designed to make the relationships difficult to trace, based on its investigative experience.
What is the connection between Alice Huang, Jensen Huang and Nvidia?
Chinese corporate records and media reports reviewed by CNBC and compiled by Tesari indicate that Alice Huang, also known by her Chinese name Huang Le, had interests in several businesses with links to China's technology and data centre sectors.
In 2019, Alice Huang sold a cloud computing business called Osmanthus to Chinese gaming company 7Road. A Singapore-based subsidiary of 7Road was subsequently spun off as Megaspeed in 2023. Megaspeed later emerged as a significant Nvidia customer and reportedly helped facilitate at least $7.5 billion in Nvidia chip shipments to Chinese companies, according to a report by The Information.
Read more: Nvidia shares plunge 35% from peak, chipmaker slips to third spot in global market cap rankings
Separately, Alice Huang became a co-owner of Shanghai Hexi, a financial firm that invests in technology and data centres, as early as 2016.
In 2021, Hexi acquired a 27% stake in Shanghai Century Longteng, a data centre developer. The company held the stake until 2024. Century Longteng, in turn, owned a controlling 50.1% interest in Shenzhen Yifeng Technology, a data centre facility in mainland China.
The data centre's key customer was Huawei Cloud, the cloud computing subsidiary of Huawei Technologies, according to the findings shared with CNBC.
Hexi also guaranteed loans used to finance the Shenzhen facility. This potentially placed Alice Huang, through her business interests, in a position of ownership in a data centre that provided computing capacity to Huawei.
It remains unclear whether the Shenzhen facility itself acquired Nvidia graphics processing units (GPUs). However, its majority owner, Zhejiang Century Huatong Group, began purchasing Nvidia chips in 2023, according to Chinese reports cited in the investigation. Century Huatong was also a business partner of Hexi through their joint ownership of Century Longteng.
Hexi exited its stake in the data centre developer in 2024. However, individuals linked to Alice Huang's network reportedly continued to have connections with the facility.
Her husband, Kang Wei, is a longtime business associate who founded Hexi, where Alice Huang previously held an executive position. Kang became an executive of Century Longteng in 2022 and attended the company's signing of its agreement with Huawei.
Why Huawei’s alleged connection matters for Nvidia
Huawei is considered a major strategic technology company in China and has been identified by Nvidia as one of its key competitors in artificial intelligence chips, including GPUs, central processing units and networking chips.
In 2024, Nvidia explicitly named Huawei as a top competitor in its regulatory filing. The Chinese company is also seen as central to Beijing's efforts to strengthen its domestic technology capabilities and compete globally.
The reported business links are therefore significant because they potentially connect Alice Huang's network to companies involved in both Nvidia's supply chain and Huawei's computing infrastructure.
Tesari's Brian Andersen, vice president for national security applications and a former supervisory special agent with Homeland Security Investigations, said the findings warrant scrutiny by US authorities.
He said that if the Commerce Department's Bureau of Industry and Security or Homeland Security Investigations found evidence that controlled equipment had been transferred to Huawei without authorisation, potential charges could include export-control violations, conspiracy and smuggling.
However, the investigation does not establish that Alice Huang personally facilitated unauthorised chip transfers or that Nvidia equipment was supplied to the Shenzhen data centre.
Nvidia and Huawei did not respond to CNBC's requests for comment. Jensen Huang also did not respond to a voicemail, while Alice Huang could not be reached. Shanghai Hexi did not immediately respond to a message sent through its LinkedIn page.
CNBC said it translated Chinese corporate records and media reports in Mandarin that were provided by Tesari as part of its investigation.
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