Not Just a Romance: The Secret Route of Nvidia Chips to China

Documents revealed by Bloomberg show how servers with Nvidia chips reached China from Singapore despite U.S. export restrictions, with the affair centered on the romance between former Nvidia CEO Jensen Huang and Alice Huang. The servers were sold to Aperia Cloud Services but ended up in the hands of a Chinese company.

Documents uncovered by Bloomberg reveal how servers equipped with Nvidia chips made their way from Singapore to China, bypassing U.S. export restrictions. At the heart of the affair is the romance between former Nvidia CEO Jensen Huang and Alice Huang. Some of the servers were originally sold to Aperia Cloud Services, an official Nvidia cloud partner in Singapore, but were diverted to a Chinese company founded by Alice Huang and installed at an AI facility in Shanghai. Aperia purchased 22 servers with H800 chips from Dell, which Washington banned from sale to China in 2023. Dell halted sales in February 2025 due to concerns over equipment diversion. The equipment was used as collateral for a 485 million yuan (about $73 million) loan in January 2025. Additionally, the shipment included 52 Supermicro units with H100 or H200 chips. Nvidia and Megaspeed declined to comment, and Alice Huang was unavailable for comment.