AI summary
Summary of article:
Jen-Hsun Huang admitted to having an extramarital affair with Huang Le, a suspected former senior executive of MegaSpeed; At the same time, Megaspeed became the focus of Washington’s attention due to its suspected involvement in the large-scale purchase of HUDA chips and their smuggling into China.
nvidia(Huida also known as Nvidia) CEOJen-Hsun Huang In a letter to employees on the 8th, he admitted that he had an extramarital affair, but did not disclose the affair partner. The New York Times reported that he had admitted to the board of directors that he had an intimate relationship with Huang Le. Huang Le is a Chinese national and former senior director of Singapore data center company MegaSpeed.
MegaSpeed, which is headquartered in Singapore, was spun off from the Singapore subsidiary of a Chinese online gaming company in 2023. Huang Le initially served as managing director and later called himself CEO. The company purchased more than 4.8 billion Huida chips over the past two years. Although the Commerce Ministry investigated whether the company had assisted China in smuggling controlled AI chips, Huida continued to deal with it.
As shopping increased, Huang Renxun and Huang Le also began to spend time together. In June 2024, both of them went to Taiwan to participate in a technology exhibition. When Huang Le met a group of technology industry executives in a bar in Taipei, he made a bet to find Huang Renxun. Immediately after contacting Huang Renxun, Huang came over and drank a small glass of whiskey with everyone.
The following year, the two had dinner together again in Taipei. The media photographed Huang Le kissing Huang Jen-hsun on the cheek and standing behind him while the interview was being conducted. American officials were already wary of MegaSpeed’s purchase, and relations between the two became a focus of Washington.
There is almost no background information available about Huang Le on the Chinese Internet. A profile signed by Huang Le in the Chinese private equity fund database records that she once worked as a reporter for Hunan TV and China Central Television, and then moved to the financial industry, serving as assistant to the president of HSBC Private Banking and vice president of CITIC Securities. However, these experiences have not been confirmed. The New York Post quoted an executive from Hunan Satellite TV as saying that he had never heard of Huang Le and that his personal information could not be found on CCTV’s official website.
Chinese investment information also records that Huang Le served as the executive director and fund manager of Shanghai Hexi Investment Management Company, which is related to Chinese gaming company 7Road.
Huang Le founded MegaSpeed in 2023 after working at television stations and private equity, Bloomberg News reported. MegaSpeed was spun off from Chinese gaming giant Seventh Avenue just months after former President Joe Biden imposed a sweeping ban on exports of advanced chips to China.
Specifically, Seventh Avenue first sold its Singapore subsidiary to Huang Le Limited, a British Virgin Islands entity, and Huang Le took over. In January 2023, Huang Le Limited sold MegaSpeed to a Singapore shell company. A few days after the transaction, the company was designated as a “Huida Cloud Partner”, a status coveted by all parties and given priority in obtaining Huida chips.
Trade records show Megaspeed subsequently imported goods worth more than 1,000 times the company’s 2023 cash balance. The total value of Huida products imported by this company exceeds 4.6 billion yuan (an estimate is 4.8 billion yuan). MegaSpeed also leases Huida chips to Alibaba in several locations in Southeast Asia, and Alibaba was previously the target of US national security concerns.
On the other hand, the United States is also investigating MegaSpeed for suspected smuggling of hardware into China. Officials had asked HUIDA to investigate last year. Huida’s initial response was correct, but MegaSpeed’s actual import quantity exceeded Huida’s data center stock by 50,000 units. Singapore police brought Huang Le in for questioning last year and banned him from leaving the country, but Huang Le is currently unaccounted for.
On November 10, 2023, Huang Le resigned as director, but in June 2024, he still attended an industry gathering in Taipei, which was attended by Huang Renxun.
Huang Le did not respond to a request for comment from The New York Times, and there have been no public reports of his prosecution.
Summary FAQ
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The main controversy is that Jen-Hsun Huang has admitted to having an extramarital affair, with the alleged partner being Huang Le, a former senior executive of MegaSpeed. Megaspeed also obtained a large number of HUDA chips and was suspected of bypassing controls, linking personal relationships with business risks.
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MegaSpeed has bought more than 4.8 billion yuan in Huida chips over the past two years, and is also suspected of helping China obtain controlled AI hardware. The United States had asked HUIDA to investigate because its actual import volume was abnormal, making the company the focus of supervision.
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It is almost impossible to find complete information about Huang Le on the Chinese Internet. Although there are rumors that he has held positions in Hunan Satellite TV, CCTV and the financial industry, this has not been confirmed. He later took over the transactions related to Megaspeed, which also attracted the attention of the outside world to his real experience.
