Firm Tied to Ex-Nvidia CEO Brokered $12 Billion China Chip Orders
Megaspeed, a firm owned by Alice Huang, the former partner of ousted Nvidia CEO Jensen Huang, brokered nearly $12 billion in Nvidia high-performance chip orders for Chinese buyers between March 2024 and June 2025, according to documents reviewed by the Wall Street Journal. The deals covered several hundred thousand export-controlled chips, with Megaspeed reportedly gaining preferential allocation as an Nvidia cloud partner and via major clients such as Alibaba, suggesting a large share of Nvidia's China revenue may flow through indirect channels.
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Firm linked to Jensen Huang's ex-lover reportedly brokered nearly $12 billion in Nvidia chip orders for China
[Matthias Bastian](https://the-decoder.com/author/matthias-bastian/) [View the LinkedIn Profile of Matthias Bastian](https://www.linkedin.com/in/matthias-bastian-128b71b1/) Nov 15, 2026 Megaspeed arranged nearly $12 billion worth of Nvidia high-performance chip orders for Chinese companies between March 2024 and June 2025, according to documents reviewed by the Wall Street Journal. The company is owned by Alice Huang, the former lover of since-ousted Nvidia CEO Jensen Huang. Megaspeed shipped the chips to buyers in China who maintained long-standing business ties with local tech giants, the WSJ reports. The orders covered several hundred thousand chips that the US had sought to keep out of China through export controls. Megaspeed reportedly gained preferential access to scarce AI chips as an Nvidia cloud partner, apparently because it counted Chinese cloud and tech company Alibaba as a major client.
Nvidia officially reported $12.4 billion in China revenue over six months, accounting for 7 percent of total revenue. Short-selling firm Culper Research estimates, however, that more than 20 percent of Nvidia's revenue in the last fiscal year came from Chinese customers. A significant share of that China business may have flowed through indirect channels.
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