Megaspeed in the spotlight after Jensen Huang admits to affair: What is its background?

After Jensen Huang, chief executive officer of US chip giant Nvidia, admitted to an extramarital affair, attention has turned to Alice Huang, his alleged affair partner, and Megaspeed, a Singaporean cloud computing services company where she once served as a director.

Bloomberg reported that Megaspeed imported at least US$4.6 billion (about S$5.9 billion) worth of Nvidia hardware through affiliated companies in Malaysia and Indonesia between 2023 and November 2025.

Lianhe Zaobao (LHZB) has compiled a profile, based on publicly available information, of the company that once described itself as Nvidia’s “strategic business partner”.

Records from Singapore’s Accounting and Corporate Regulatory Authority show that Megaspeed was incorporated in Singapore in late September 2015, with an office at Ocean Financial Centre in the central business district.

It was previously a wholly owned subsidiary of Chinese online gaming company 7Road Holdings Limited, responsible for publishing online games.

Founded in Shenzhen, 7Road made its name in China’s gaming industry with DDTank and Wartune during the rise of browser games in the country.

The company was renamed Megaspeed in March 2023, the same month Alice Huang joined as a director. All 10 million of its shares were subsequently transferred to Huang Le Limited, a company registered in the British Virgin Islands.

About eight months later, in November that year, the shares were transferred again to a newly incorporated Singaporean company called Swiftdata. Huang then stepped down as a director.

Swiftdata, which owns all of Megaspeed’s shares, was incorporated in October 2023 and has its registered office at Midview City. Its sole shareholder and director is Singaporean citizen Tan Yong Pong, who is also Megaspeed’s sole director.

Both Megaspeed and Swiftdata list hosting services, excluding data centre services, as their principal business activity. Megaspeed also lists data analytics, processing and hosting among its activities. Swiftdata has paid-up capital of S$50,000, while Megaspeed’s is US$10 million (about S$12.8 million).

Records show that, besides Megaspeed and Swiftdata, Tan is currently a director of a third company, Monster Investment. He has held directorships at nine businesses in total; the other six have been struck off, deregistered or ceased operations.

After analysing Malaysian and Indonesian customs records, Bloomberg reported that Megaspeed imported at least US$4.6 billion (about S$5.9 billion) worth of Nvidia equipment between 2023 and November 2025. This included at least 136,000 graphics processing units (GPUs), more than half of which were high-end Blackwell-series GPUs.

The US began restricting exports of high-performance AI chips and related servers to China in October 2022, and tightened the rules further in 2023. The Blackwell chips mentioned above are also subject to these controls and cannot be exported to China without US government approval.

When LHZB visited Megaspeed’s office on Monday (9 November), the lights were on but no one was visible inside. As it was Singapore’s public holiday in lieu of Deepavali, it was not possible to assess the office’s usual activity. LHZB also contacted Megaspeed by email but had received no reply by press time.

The New York Times, citing sources, reported that US intelligence agencies assessed that Alice Huang had gathered intelligence on Jensen Huang for China and sought to influence Nvidia to supply its most advanced chips to China.

Responding at a regular press briefing on Monday, Chinese Ministry of Foreign Affairs spokesperson Guo Jiakun said, “We have already responded to this. The allegations about Chinese spies are entirely groundless, speculative and intended to smear and malign China.”

Nvidia’s board announced an independent investigation on Sunday (8 November), but said there was “no reason to believe” that national security or company secrets had been compromised.

In a statement on 31 October responding to US media reports, Singapore’s Ministry of Home Affairs clarified that neither the government nor its officials had ever expressed concern about Alice Huang’s close relationship with Jensen Huang or her alleged provision of intelligence to China. The authorities had also not investigated her ties to China.

However, Singaporean police confirmed that investigations into Megaspeed were ongoing and that they could not comment further at this stage.

The police stressed that Singapore does not enforce export controls unilaterally imposed by other countries, but will not allow businesses to use their links to Singapore to circumvent or violate other countries’ export controls.

The authorities will take firm action against companies and individuals that breach Singapore’s laws or engage in fraud or dishonest conduct.