New Delhi, November 2026 : China on Monday rejected allegations that it had conducted a spying operation targeting Nvidia founder and CEO Jensen Huang, describing the claims as "baseless vilification and smearing", according to media reports.
Responding to questions at a press conference, Chinese Foreign Ministry spokesperson Guo Jiakun said Beijing had already addressed the matter and dismissed the allegations surrounding an alleged Chinese intelligence operation.
The response came after the board of US semiconductor giant Nvidia announced that it had launched an investigation into reports claiming that its chief executive had been targeted by a foreign intelligence effort.
The controversy has also brought Singapore-based artificial intelligence (AI) data centre company Megaspeed under scrutiny. The company, for which the woman allegedly involved in the operation had reportedly worked, denied any role in the illegal transfer of Nvidia chips to China.
Megaspeed said inspections conducted by US and Malaysian authorities, as well as Nvidia, had found no evidence of wrongdoing. It also rejected allegations concerning its business operations and the movement of advanced computing hardware.
The company's name emerged following reports of a US investigation last year into allegations that a Chinese businesswoman, identified as Alice Huang, had targeted Jensen Huang. According to reports by The New York Times and The Wall Street Journal, Alice Huang was a senior executive at Megaspeed International, a company that provides computing power to businesses for training and operating AI systems.
Megaspeed describes itself as a key business partner of Nvidia's computing-power cloud operations in the Asia-Pacific region. Its LinkedIn profile lists offices in Singapore, Malaysia and Indonesia, with a workforce of around two to 10 employees and 25 associated members.
The Singapore government's website indicates that the company was previously known as 7Road International, suggesting a possible connection with Chinese gaming company 7Road.
Megaspeed issued a statement following a Bloomberg report that raised questions about its operations. The company described the report as containing "misleading information and incorrect insinuations", particularly regarding suggestions that it may have facilitated illegal chip transfers.
"We are aware of the recent article published by Bloomberg which has raised concerns regarding our operations," the company said, adding that the allegations about its involvement in unlawful chip transfers were inaccurate.
The controversy comes amid heightened scrutiny of the international supply chain for advanced semiconductors and computing equipment, particularly over concerns that restricted US technology could reach Chinese entities.
Nvidia, a leading supplier of advanced AI chips, has become central to the global technology competition between Washington and Beijing. The investigation into the reported targeting of its chief executive adds another dimension to concerns surrounding corporate security, intelligence activity and the international AI industry.
While China has firmly denied the allegations and Megaspeed has rejected claims of wrongdoing, Nvidia's investigation is expected to examine the reported foreign intelligence effort and its implications for the company.
(Disclaimer :The content of this article is sourced from a news agency and has not been edited by the Mavericknews30 team.)
