Megaspeed, the Singapore cloud company at the centre of the Nvidia scandal, says Alice Huang left the business on 30 August 2025 and “currently has no role with the company”. In a statement on Sunday, reported by The National, the company said it had “retained external legal counsel to conduct a thorough internal investigation”. It also said it “conducts legitimate and lawful business”, and that media reports about it were not backed by verifiable evidence. The exit date Megaspeed has now given, however, falls more than two months after Singapore police impounded her passport during their investigation into the company.
Alice Huang is the businesswoman whose relationship with Jensen Huang preceded his resignation as Nvidia’s chief executive on 12 November. US investigators reportedly suspect her of gathering information for China, which Beijing denies, and no charges against her have been reported. Megaspeed has denied diverting Nvidia chips to China, and the statement does not say what she did at the company before she left.
Megaspeed’s exit date lands in the middle of Singapore’s investigation
Singapore’s Ministry of Home Affairs set out its own timeline on 12 November, which TalkEsport covered in detail. Police and Singapore Customs opened an investigation into Megaspeed in February 2025, over possible false declarations in server purchases. On 24 June 2025, the US Bureau of Industry and Security carried out a post-shipment check at the company with Alice Huang present, and police interviewed her and impounded her passport that same day.
Megaspeed’s date of 30 August 2025 comes 67 days after that interview, at a time when police were still holding her passport. Police only returned it on 26 February 2026, and she left Singapore that day. By then, police had concluded that she gave them information she knew to be inaccurate, and she was given a stern warning and barred from re-entering the country, according to the ministry’s statement.
The timing also matters for the chip deals. The Wall Street Journal reported that Megaspeed arranged nearly $12 billion of advanced chips for Chinese companies between March 2024 and June 2025, a story that has pushed Congress towards new export bills. Megaspeed’s own date puts her departure about two months after the end of the period the Journal examined.
Three accounts of her role at Megaspeed do not line up
Megaspeed’s statement is the third version of her role to emerge. She was listed as managing director when the company took its current name in March 2023, according to Singapore’s ministry. Reuters reported last week that media reports put the end of that eight-month tenure in October 2023, in a factbox republished by The Standard. Tan, who now signs Megaspeed’s statements as chairman and chief executive, became a director in November 2023, according to the same factbox.
Singapore’s ministry, however, described her as Megaspeed’s “then-CEO, Chairperson, and one of the key controllers”, without giving dates. It also said police concluded that the inaccurate information she gave was meant to “downplay her role in Megaspeed”. Megaspeed’s new statement adds a third date, August 2025, and the company has not explained how it fits with either account.
An internal review joins US and Singapore probes that are still open
Sunday’s statement builds on one Megaspeed posted on its website on 12 November. In that statement, Tan said the company had cooperated with Bureau of Industry and Security inspections and had hired a US law firm to count its GPUs and check its export compliance. Neither statement names the lawyers involved, and Megaspeed has not said when the internal investigation will finish or whether it will publish the findings.
Singapore’s investigation into Megaspeed and six other people is continuing, and the ministry said it had received “limited information or assistance” from the US. It added that Supermicro, a US server supplier relevant to the case, had provided limited cooperation. In March, US prosecutors charged three men, including a co-founder of a US server maker, in a separate case. It concerns servers worth about $2.5 billion bought by a Southeast Asian company, at least $510 million of which were allegedly diverted to China. The Justice Department did not name that buyer, and nothing in its announcement links the case to Megaspeed.
Nvidia now faces questions about Megaspeed from Washington as well as from investors. Treasury Secretary Scott Bessent has given the board 10 days to answer his questions about whether the company pushed questionable chip sales, and he wants an outside chief executive. Interim chief executive Colette Kress will lead the company’s first earnings call since Huang’s resignation, when Nvidia reports third-quarter results on Tuesday, 17 November.
