# Alice Huang Firm Procured Banned Nvidia Chips in China

Source: [Bloomberg Technology](https://www.bloomberg.com/news/videos/2026-11-13/alice-huang-firm-procured-banned-nvidia-chips-in-china-video) · 2026-11-13 · Industry
Page: https://themorning.dev/story/alice-huang-firm-procured-banned-nvidia-chips-in-china-be52da9a4706f9b1
Kind: business · Impact: low

## In brief

- Bloomberg reports, based on documents it reviewed, that a Chinese company founded by Alice Huang procured smuggled AI chips installed at a Shanghai data center.
- The data center is linked to Megaspeed International Pte, according to the same reporting.
- Tom's Hardware, citing the same reporting, describes a smuggling operation it values at $7.5 billion and ties it to Shanghai fund manager Kang Wei.

## Why it matters

The case shows that Nvidia AI GPUs sold under export restrictions can still reach Chinese data centers through intermediaries, which invites tighter scrutiny of chip sourcing, resellers and the cloud capacity that depends on them.

## Timeline

- 2026-11-13: Bloomberg reports smuggled Nvidia chips installed at Shanghai data center linked to Megaspeed

## Coverage

- [Bloomberg details web of Chinese AI companies with smuggled NVIDIA chips linked to Alice Huang](https://www.engadget.com/2315710/bloomberg-details-web-of-chinese-ai-companies-with-smuggled-nvidia-chips-linked-to-alice-huang/) — Engadget - Technology News & Expert Reviews, 2026-11-13
- [How Shanghai fund manager Kang Wei introduced his wife Alice Huang to Jensen and built $7.5 billion Nvidia AI GPU smuggling operation](https://www.tomshardware.com/tech-industry/how-shanghai-fund-manager-kang-wei-introduced-his-wife-alice-huang-to-jensen-and-built-usd7-5-billion-nvidia-ai-gpu-smuggling-operation-mistresss-husband-joked-she-was-the-ceos-personal-assistant) — Latest from Tom's Hardware, 2026-11-13
- [Alice Huang Firm Procured Banned Nvidia Chips in China](https://www.bloomberg.com/news/videos/2026-11-13/alice-huang-firm-procured-banned-nvidia-chips-in-china-video) — Bloomberg Technology, 2026-11-13
- [Banned Nvidia Chips Installed at China Data Center Linked to Alice Huang](https://www.bloomberg.com/news/articles/2026-11-13/banned-nvidia-chips-installed-at-china-data-center-linked-to-alice-huang) — Bloomberg Technology, 2026-11-13

Tags: nvidia, export-controls, ai-chips, smuggling, china

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Brief generated by AI (claude-haiku-5-5) from the reporting listed under Coverage. Headlines belong to their publishers. The Morning Dev – https://themorning.dev