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Nvidia Intervened in US Probe of Megaspeed Chip Smuggling, Year Before CEO Jensen Huang Admitted to Affair with Their Executive

  • On Monday, the Justice Department assumed control of the investigation into Megaspeed, a firm suspected of smuggling Nvidia chips to China, after Commerce Department agents paused their probe following contact from Nvidia General Counsel Tim Teter.
  • Investigators had spent months probing whether Megaspeed illegally routed advanced Nvidia chips into China, while U.S. intelligence concluded Alice Huang, a top Megaspeed executive, was working as a spy for the Chinese Government.
  • Nvidia's Tim Teter emailed Commerce Department agents in August 2025 to request meetings, prompting internal concern over potential influence by Senior Commerce official Jeff Kessler, who reports to Commerce Secretary Howard Lutnick.
  • Nvidia shares fell 8.8% on Monday, wiping almost $400bn from its market value, as the company opened an internal investigation into Nvidia CEO Jensen Huang following his admission of an affair with Alice Huang.
  • Jensen Huang faces a November 18 deadline to brief House committee chairs, while Beijing officials on Monday rejected the spying allegations as "nothing but smears against China," and President Donald Trump defended the chief executive.
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While the boss of the American flea giant is at the heart of an espionage affair, the company is suspected by the United States of helping to bring restricted fleas into China

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Zero Hedge broke the news in Sofia, Bulgaria on Monday, November 9, 2026.
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