Megaspeed launches internal probe as Nvidia leadership crisis roils Wall Street
The Singapore cloud firm says former executive Alice Huang left in August 2025 and has hired outside counsel to investigate media reports about its business.
Singapore-based cloud computing company Megaspeed said Sunday it has hired outside legal counsel to conduct a "thorough internal investigation" into media reports about its business, supply chain and global operations, as fallout from the ouster of Nvidia CEO Jensen Huang continues to unsettle the chip industry.
Megaspeed told CNBC that former executive Alice Huang left the company in August 2025, saying she "officially left Megaspeed effective August 30, 2025 and currently has no role with the Company." It added that it does not comment on her personal and private matters.
The company 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. With offices in Singapore and Indonesia, Megaspeed has previously drawn media and government scrutiny over whether chips supplied through its business were redirected to customers in China.
Export controls in focus
Megaspeed said reports about its business and supply chain are not supported by verifiable evidence. It said it designs and maintains "global operational and supply-chain control frameworks to comply with all applicable laws and regulatory regimes, including United States export control requirements and local jurisdiction rules in every market where we operate."
The scrutiny intensified after reports linked Jensen Huang to Alice Huang. The former Nvidia chief executive apologized on Sunday for being "unfaithful to my wife," and U.S. intelligence officials believe Alice Huang is a Chinese intelligence asset, according to The New York Times.
Nvidia's leadership vacuum
Nvidia announced Thursday that Jensen Huang, 63, is stepping down as CEO of the chipmaker he co-founded 33 years ago and built into a $4 trillion company at the center of the artificial intelligence boom. CFO Colette Kress has been named interim CEO.
"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. The company said it will consider both internal and external candidates for a permanent CEO. Huang has agreed to testify before Congress before Thanksgiving.
CNBC reported that Nvidia's leadership crisis has rattled Wall Street, with investors weighing the implications for the AI trade that the company has anchored.