Megaspeed launches internal probe as Nvidia leadership crisis deepens
The Singapore cloud firm says former executive Alice Huang left in 2025, days after Nvidia CEO Jensen Huang resigned over affair reports.
SINGAPORE — Megaspeed, the Singapore-based cloud computing company drawn into the widening Nvidia leadership crisis, said Sunday it has launched an internal investigation and confirmed that a former executive linked to ousted CEO Jensen Huang left the firm in 2025.
Megaspeed said Alice Huang "officially left Megaspeed effective August 30, 2025 and currently has no role with the Company," according to an emailed statement provided to CNBC. The company added that it does not comment on her personal and private matters.
Internal probe
Megaspeed said it has retained external legal counsel to conduct a "thorough internal investigation" into media reports about its business, supply chain and global operations, saying the reporting is not supported by verifiable evidence.
The company said it designs and maintains its operational and supply-chain control frameworks to comply with U.S. export control requirements and local rules in every market where it operates, and that it will review the reporting and communicate further.
Megaspeed describes itself as a "core business partner" of Nvidia's computing-power cloud business in the region, allowing customers to rent computing power from Nvidia graphics processing units. It has offices in Singapore and Indonesia and has previously faced scrutiny over whether chips supplied through its business were redirected to customers in China.
Nvidia's abrupt transition
The statement came as Wall Street absorbed Huang's sudden exit. Nvidia announced on Nov. 12 that Huang — who co-founded the chipmaker 33 years ago and built it into a $4 trillion company at the center of the artificial intelligence boom — is stepping down as CEO. The board named Chief Financial Officer Colette Kress as interim CEO and said it will search for a permanent successor, considering internal and external candidates.
"The Board has full confidence in Colette and the leadership team, and we expect the company's operations, customer commitments and product roadmap to continue without interruption," board chair Harvey Jones said in the announcement.
How it unfolded
Huang apologized on Nov. 8 for being "unfaithful to my wife." The New York Times later reported that he had a separate affair with Kimberly Powell, Nvidia's vice president of health care. U.S. intelligence officials believe Alice Huang is a Chinese intelligence asset, according to the Times, a claim reported by CNBC.
The upheaval has rippled through markets. Yahoo Finance's news feed on Sunday highlighted that Berkshire Hathaway hit a record high as Nvidia shares sank, underscoring how investors are repositioning around the chipmaker's leadership uncertainty.