Alice Huang’s Linked Data Centre Reportedly Served Huawei, Nvidia’s Biggest China Rival

Alice Huang, the businesswoman linked to former Nvidia chief executive Jensen Huang, held an indirect financial interest in a Chinese data-centre network whose Shenzhen facility served Huawei Cloud, a Nvidia competitor, a CNBC investigation published on 12 November 2026 found.

The connection ran through several companies and does not establish that the facility received Nvidia processors or handled restricted chips.

The findings drew on Chinese corporate records and media reports examined by private intelligence firm Tesari, which shared its research with CNBC.

They add another strand to scrutiny of Huang's business interests, including her separate links to Singapore-based cloud computing company Megaspeed.

Alice Huang's Stake Ran Through Several Companies

Huang, also known as Huang Le, became a co-owner of Shanghai Hexi as early as 2016. The investment firm was founded by her husband, Kang Wei, and had interests in technology and data-centre projects.

In 2021, Hexi acquired a 27 per cent stake in Shanghai Century Longteng, a data-centre developer. Century Longteng held a 50.1 per cent interest in Shenzhen Yifeng Technology, whose facility served Huawei Cloud.

The distinction matters. Huang was not identified as a direct shareholder in the Shenzhen operator. Her reported connection was indirect, through Hexi's stake in Century Longteng and that company's holding in Yifeng.

Hexi also provided loan guarantees linked to the Shenzhen facility. Century Longteng's other shareholder, Zhejiang Century Huatong Group, began purchasing Nvidia chips in 2023, the investigation found.

CNBC could not confirm whether the Shenzhen facility acquired Nvidia GPUs, and found no evidence that chips were transferred to Huawei or export-control rules breached. The distinction is important, as the corporate links alone do not establish any unauthorised technology transfers.

Hexi sold its stake in Century Longteng in 2024, while Kang had joined the company as an executive two years earlier and attended its Huawei agreement signing. His continued involvement adds another layer to the business connections between the companies.

Megaspeed's Separate Links to Nvidia

The investigation also revisited Huang's business history with Megaspeed, a Singapore-based cloud computing company identified by Nvidia as a cloud partner.

Huang sold her cloud business, Osmanthus, to Chinese gaming company 7Road in 2019. A Singapore subsidiary of 7Road was later spun off as Megaspeed in 2023, the reporting said.

The Information separately reported that Megaspeed helped facilitate at least $7.5 billion in Nvidia chip shipments to Chinese companies.

That figure concerns shipments involving Chinese firms more broadly. It does not show that the Huawei-serving Shenzhen facility received Nvidia processors or that Megaspeed supplied chips to Huawei.

Brian Andersen, Tesari's vice-president for national security applications, said the corporate links warranted a national security and technology counterproliferation investigation. Any export-control offence would require evidence of an unauthorised transfer of controlled equipment.

Singapore's Ministry of Home Affairs said Huang was investigated over potentially inaccurate declarations concerning Megaspeed server purchases. Authorities found insufficient evidence to establish offences in February 2026.

For now, police assessed that Huang had provided inaccurate information to downplay her role. She received a stern warning and was barred from re-entering Singapore, although the ministry stressed that she was not investigated for espionage. Investigations into Megaspeed and six others remain ongoing.

Nvidia and Huawei did not respond to CNBC's requests for comment, while Huang could not be reached.