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Alleged Chinese spy plot used Megaspeed to buy $2 billion in chips

The alleged purchases through a company founded in 2023 highlight risks in AI chip supply chains.

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This brief comes from Tech Twitter’s edited headlines. The posts below are the sources grouped with the story; statements in them belong to their authors.

Aakash GuptaLead source
US intelligence believes China's spy agency got a woman close to Jensen Huang, the guy who runs the most valuable company on earth. They think it turned romantic. Her day job was buying his chips. Nearly $2 billion worth, through a company that didn't exist until 2023. The company is called Megaspeed. It spun out of a Chinese gaming company in 2023 and set up a subsidiary in Malaysia to do the buying. The New York Times found more than 200 shipments of restricted Nvidia hardware going to that subsidiary between June 2024 and June 2025. A US export official actually showed up at its Malaysian data center in September 2024 to figure out why a brand new company was buying so much. Once the orders were rolling, Alice Huang popped up in a LinkedIn post having drinks with Jensen and some…
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  1. Alleged Chinese spy plot used Megaspeed to buy $2 billion in chips

  2. Alleged Chinese spy plot used Megaspeed to buy $2 billion in chips

  3. Alleged Chinese spy plot used Megaspeed to buy nearly $2 billion in chips

  4. Alleged Chinese spy plot used chip purchases to reach Jensen Huang

  5. Alleged Chinese spy plot used chip purchases to reach Jensen Huang

  6. Alleged Chinese spy plot used chip buys to reach Jensen Huang

  7. Alleged Chinese spy plot used chip purchases to reach Jensen Huang

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