Singapore cites ‘insufficient evidence’ against Megaspeed executive in US-China spy allegations

Singapore-based Megaspeed has come under scrutiny following reports that US intelligence officials suspected the former executive of spying for Beijing. Huang was involved in an affair with Nvidia CEO Jensen Huang.

Jensen Huang acknowledged being unfaithful to his wife, while Nvidia’s board is investigating whether he was targeted by a foreign intelligence operation.

The Singapore Police and Singapore Customs began an investigation in February 2025 into several companies and their key officers for suspected offenses involving potential false declarations in the purchase of servers and other related offenses.

In February, after consulting the Attorney-General’s Chambers (AGC), police concluded that there was insufficient evidence to establish that Huang had committed any offense related to the possible inaccurate declarations for which Megaspeed was being investigated, the statement added.

She had provided information, however, that she knew to be inaccurate to investigators during the investigation to downplay her role in Megaspeed.

Singapore barred Huang from re-entering the country after police assessed that she knowingly provided inaccurate information, according to the statement.

“She was issued a stern warning and barred from re-entering the country,” it said, adding that Huang left Singapore in February.

China has rejected the US’ “Chinese spy narrative,” insisting that Beijing’s technological progress depends on independent innovation and international cooperation, while suggesting Washington was using the allegations as a pretext to impose restrictions on technology exports.