US officials suspected a Chinese spy got close to Nvidia's CEO, New York Times reports
On 29 October 2026 the New York Times reported, citing anonymous sources, that US officials suspected a top Megaspeed executive of working for Chinese intelligence and had watched her for about a year. She had been photographed at business dinners with Nvidia CEO Jensen Huang. Nvidia says his contact with her was not unusual or unexpected.
The short version
- 01The New York Times reported on 29 October 2026 that US officials suspected a Megaspeed executive of being a Chinese intelligence asset.
- 02Megaspeed is a Singapore AI cloud firm that buys Nvidia chips and rents out the computing power.
- 03The worry, per the Times, was that she could learn Nvidia's plans and Jensen Huang's push to sell more advanced chips to China.
- 04Nvidia says the contact was routine and that its cloud customers get only ordinary business information.
- 05The claims come from anonymous sources. Nvidia and China's government reject them.
At a glance
| Reported | 29 October 2026 |
|---|---|
| Original source | The New York Times, anonymous sources |
| Company | Nvidia |
| Firm named | Megaspeed (Singapore AI cloud firm) |
| Reported watch period | About a year |
| Nvidia's response | Contact was "not unusual or unexpected" |
| Status | Reported |
What did the New York Times report?
Anonymous sources told the New York Times that a top executive of Megaspeed, a Singapore AI cloud firm, could also have been a Chinese spy, TechCrunch reports. US intelligence agencies had been surveilling her for about a year, the Times says.
Megaspeed buys Nvidia chips, builds data centres with them and rents out the computing power, Fox Business reports. TechCrunch notes that in 2025 the Times reported that the US Commerce Department had investigated Megaspeed over concerns it helped Chinese companies get around chip export rules.
Why did officials worry about Nvidia's CEO?
The executive had been photographed at business dinners with Jensen Huang in the Singapore region. Sources told the Times the concern was that she had grown close enough to him to gather information about Nvidia's plans and his efforts to persuade the Trump administration to allow more advanced chip sales to China.
Fox Business, summarising the Times, says President Trump was briefed about a year ago and took no action, because officials then did not believe Huang knew she was gathering intelligence. It says it is unclear whether that view has changed.
What does Nvidia say?
Nvidia denies the implication. It says Jensen Huang talks with thousands of customer executives every year, and that its regional cloud customers receive ordinary business information, not sensitive trade secrets.
China's government rejected the allegations as "groundless smears and slanders", Fox Business reports.
Jensen's interactions with Ms. Huang are not unusual or unexpected.
Nvidia spokesperson, in a statement to TechCrunch
What is not known?
The reports rely on anonymous sources, and the coverage we read quotes no US agency on the record. The reports in our sources do not say what she may have passed on, if anything.
Why does it matter?
Nvidia makes the chips behind most AI, and what it may sell to China is a national security question. Anyone with access to its CEO gets scrutiny, even when, as Nvidia says, the contact is routine.
What's next?
The claims are unproven and come from unnamed sources. We will update this page if US officials or the people named respond on the record.
Questions people ask
Is Jensen Huang accused of spying?
No. The reports say US officials suspected a Megaspeed executive. Fox Business says officials at the time did not believe Huang knew she was gathering intelligence.
What is Megaspeed?
A Singapore AI cloud firm that buys Nvidia chips and rents out the computing power.
Who reported this?
The New York Times, citing anonymous sources. TechCrunch and Fox Business summarised it.
What does Nvidia say?
That the CEO's meetings with her were "not unusual or unexpected" and that customers get only ordinary business information.
Is it confirmed?
No. It is a media report based on anonymous sources, and Nvidia and China's government reject it.
Sources
- PrimaryTechCrunch: US investigated Chinese spy plot aimed at Nvidia CEO, with Nvidia's statement (29 Oct 2026)
- CoverageFox Business: Nvidia CEO Jensen Huang may have been targeted by suspected Chinese spy (29 Oct 2026)
Why "Reported"? We label a story "Reported" when only the media have it so far. Spotted an error? Email hello@openloopnews.com and we will correct it.
