$7.5 BILLION IN AI CHIPS, AND AN ALLEGED CHINESE INTELLIGENCE OPERATION
This story keeps getting more complicated.
According to reporting by The Information and Reuters, a business network associated with Chinese businesswoman Alice Huang (also known as Huang Le) allegedly facilitated approximately $7.5 billion in Nvidia chip shipments, involving roughly 240,000 processors, including H100, H200, and A100 accelerators.
The story has three interconnected dimensions: a personal relationship, an alleged intelligence operation, and a complex international chip-distribution network.
THE PEOPLE AND THE NETWORK
At the center is Alice Huang, a Chinese businesswoman whose professional background reportedly includes finance and investment management.
U.S. intelligence officials reportedly suspected that she was working for China’s Ministry of State Security (MSS), an allegation that has not been publicly established.
Her business network involved several companies, including:







