# Sources: Megaspeed founder Alice Huang has returned to China; a source says she is currently living in Beijing with the knowledge of security officials (Bloomberg)

Source: [Techmeme](https://www.techmeme.com/261111/p50#a261111p50) · 2026-11-12 · Industry
Page: https://themorning.dev/story/sources-megaspeed-founder-alice-huang-has-returned-to-china-a-source-says-she-is-cf3489bb12a7be62
Kind: other · Impact: medium

## In brief

- Axios sources say Treasury Secretary Scott Bessent confronted Commerce Secretary Howard Lutnick last week over Commerce not adding Megaspeed to the Entity List; Commerce denies the confrontation.
- Axios sources say Lutnick has stalled curbs on companies suspected of diverting Nvidia chips to China, though Trump authorized such a crackdown on Nov. 5.
- Bloomberg sources say Megaspeed founder Alice Huang has returned to China and is living in Beijing with the knowledge of security officials.
- WSJ reports Nvidia stopped reporting Singapore revenue after the quarter ended July 2025, when Singapore accounted for 22% of its revenue, after placing Megaspeed on a blocklist.

## Why it matters

The reporting concerns how US export-control enforcement on suspected chip diversion to China is being handled, which could affect how Nvidia chips and their resellers are regulated.

## Timeline

- 2026-11-05: Trump approved curbs on companies suspected of diverting Nvidia chips to China for the third time this year
- 2026-11-11: Axios reported Bessent confronted Lutnick over the Entity List decision on Megaspeed; Commerce denied the confrontation

## Coverage

- [Nvidia stopped reporting Singapore revenue after the quarter ended July 2025, when it accounted for 22% of its revenue, after placing Megaspeed on a blocklist (Jonathan Weil/Wall Street Journal)](https://www.techmeme.com/261112/p2#a261112p2) — Techmeme, 2026-11-12
- [Sources: Megaspeed founder Alice Huang has returned to China; a source says she is currently living in Beijing with the knowledge of security officials (Bloomberg)](https://www.techmeme.com/261111/p50#a261111p50) — Techmeme, 2026-11-12
- [Sources: Howard Lutnick has stalled curbs on companies suspected of diverting Nvidia chips to China; Trump approved them for the third time this year on Nov. 5 (Axios)](https://www.techmeme.com/261111/p46#a261111p46) — Techmeme, 2026-11-11
- [Sources: Scott Bessent confronted Howard Lutnick last week over the Commerce Dept. not adding Megaspeed to the Entity List; Commerce denies the confrontation (Axios)](https://www.techmeme.com/261111/p45#a261111p45) — Techmeme, 2026-11-11

Tags: export-controls, nvidia, entity-list, china, megaspeed, chip-diversion

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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