China dismisses United States report on suspected spy targeting Nvidia chief Jensen Huang as groundless

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30th October 2026 – (Beijing) China on Friday rejected media reports citing United States intelligence that a suspected Chinese asset sought to cultivate Nvidia chief executive Jensen Huang, calling the claims groundless and a smear on Beijing. Foreign ministry spokesman Guo Jiakun told a regular briefing that the allegations were unsubstantiated, after accounts surfaced that a Chinese businesswoman known as Alice Huang, or Huang Le, had approached the Nvidia leader to build ties.

The pushback followed widespread coverage of a report that United States agencies had identified the Singapore‑based data centre company Megaspeed and one of its former executives as focal points of concern over attempts to obtain restricted artificial intelligence chips. Subsequent interviews with Jensen Huang indicated the company had reviewed Megaspeed’s deployments of its graphics processing units and found no evidence of illegal diversion to China, with the Nvidia chief characterising the relationship as normal and not unusual.

The episode comes amid tightened United States export controls on high‑end processors used to train and run advanced AI models, which have sharply curtailed Nvidia’s ability to sell its most powerful chips into the mainland market. Industry sources say the scrutiny of intermediaries and regional cloud providers has intensified this year, even as firms emphasise compliance reviews and attest that ordinary commercial exchanges do not involve sensitive trade secrets or matters of national security.

Nvidia remains the world’s most valuable chip designer, and any hint of unauthorised rerouting of its hardware is closely watched by regulators and investors. While Beijing has denounced the reports as politically motivated, recruiters and analysts note that the broader geopolitical contest over semiconductors continues to shape corporate risk assessments, legal exposure and cross‑border business relationships across Asia.