Huang Le used his relationship with Huang Jenxun to transfer $7.5 billion of NVIDIA AI chips?

According to the latest investigation report released by the US technology media The Information on November 10, the affair of Nvidia CEO Huang Jenxun was directly linked to a chip transfer chain of staggering scale.

The report quoted two people who knew Huang Le (aka Alice Huang) as saying that Huang Le used his relationship with Huang Jenxun to build business credibility, and his family business network transferred about 240,000 H100, H200 and some A100 chips, worth at least $7.5 billion, against the background of tightening export controls.

Reuters later cited the report but made it clear it could not independently verify the allegations. Nvidia did not immediately respond to a request for comment from Reuters, and neither Megaspeed nor CenturyLevels responded.

At the heart of the transshipment network disclosed by the report is a company called Century Litong. The company was founded in June 2023 and qualified as a Nvidia “Priority Cloud Service Partner” in October of the same year, thus obtaining priority for chip procurement.

Century Litong was initially linked to Huang Yu, Huang Le's sister, The Information said.

How does a four-month-old company gain this level of access in Nvidia's partner system? The Information report points to Huang's direct relationship with Nvidia and its distributors - relationships that Huang allegedly used to lock in supplies when orders for chips subject to export controls were blocked.

The report further outlines Huang Le's position in this corporate transit network. She was an executive at Megaspeed, a company registered in Singapore. The company is affiliated with CenturyLevels and has previously been investigated by US authorities for illegal transshipment of Nvidia chips from Southeast Asia.

Hardware acquired by Speedmatrix, a Malaysian subsidiary founded by Megaspeed in 2024, later went to Century Liton. The end of the chain is the data center operated by CenturyLitux using Nvidia chips - some of which are models that cannot be sold to China. Some chips ended up serving Alibaba, Tencent, and smaller Chinese AI labs, the report said.

The Information said Huang Le used his relationship with Huang Jenxun to establish credibility for himself, while at the same time being unclear about his specific role and avoiding leaving a written record. This “influential but undefined title” positioning makes it difficult to trace the chain of responsibility.

It should be noted that Huang Renxun was not related to Huang Le. Huang Jenxun admitted to cheating on his wife in an internal letter to employees on November 8, but did not disclose the details of the relationship or name the target. However, the information exposed by the relevant media showed that Huang Le was the subject of Huang Renxun's extramarital affairs.

The board of directors of Nvidia launched an independent investigation on the same day, assisted by outside counsel, to review the existence of corporate secrecy or compromised U.S. national security. But Nvidia's board said there was currently no reason to believe the confidentiality had been compromised and Huang would continue to serve during the investigation.

The FBI is investigating whether Huang, 63, was targeted in a foreign intelligence operation.

U.S. Secretary of State Rubio oversaw the drafting of a classified intelligence memo this spring warning that a senior Trump administration official, Huang Jenxun, had developed a close relationship with a suspected Chinese intelligence operative, Turkey's Anadolu news agency reported. The memo stems from electronic surveillance of Huang Le, who was recruited as an agent by China's Ministry of State Security, the counterintelligence agency assessed.

Guo Jiakun, a spokesman for the Chinese Ministry of Foreign Affairs, responded at a regular press conference on November 9: "The tone of the so-called ‘Chinese spies’ is purely catching the wind and smearing China."

According to CNBC's latest report, Huang Jenxun returned to the headquarters to chair the meeting as usual the day after admitting the extramarital affair, once again apologizing to the employees, but did not accept questions.

Source: MyDrivers (Fast Technology). Content is presented with source attribution. Read the original report.