A Chinese firm based by Alice Huang obtained servers containing US export-restricted Nvidia chips that had been put in at an information centre in Shanghai, in response to paperwork reviewed by Bloomberg News.
The tools fashioned a part of a batch of 193 servers {that a} unit of Shanghai Longteng Intelligent Computing pledged as collateral for financing in January 2025.
The firm valued the servers at 485 million yuan ($73 million), Bloomberg reported
The findings come a day after Nvidia introduced that co-founder Jensen Huang had resigned as chief government. Corporate information present Alice Huang gave up her shares in Shanghai Longteng in 2017. The financing filings didn’t disclose how the corporate acquired the tools or whether or not she was personally concerned.
Shanghai filings reveal restricted Nvidia chips
The collateral included 22 Dell Technologies servers fitted with Nvidia’s H800 chips, which Washington restricted from sale to China in 2023.
An individual aware of the transaction instructed Bloomberg that Dell initially bought the servers to Aperia Cloud Services, a Singapore-based firm that was an official Nvidia cloud accomplice.
The filings additionally listed 52 servers made by Super Micro Computer and fitted with Nvidia’s H100 or H200 chips. Both fashions are topic to US licensing necessities for export to China. The remaining 119 servers had been made by Gigabyte Technology, though the information didn’t determine the chips they contained.
Megaspeed, a separate firm based by Alice Huang, used a rendering of the Shanghai facility in a 2024 investor presentation. The firm is underneath US investigation over suspected chip diversion to China and has denied the allegations.
Dell and Super Micro Respond
Dell instructed Bloomberg that it stopped gross sales and assist to Aperia in February 2025 over considerations about unauthorised diversion. Aperia has denied wrongdoing.
Super Micro stated it bought the recognized servers in compliance with US export guidelines and had no affiliation with the Shanghai facility. Nvidia declined to remark. Bloomberg stated it was unable to succeed in Alice Huang for remark.
Jensen Huang Resigns Amid Investigation
Nvidia’s board opened an independent investigation into Jensen Huang after reports that US intelligence officials suspected Alice Huang had ties to Chinese intelligence. The board appointed a committee of unbiased administrators, assisted by exterior counsel, to supervise the inquiry. It stated on the time that it had no cause to imagine US nationwide safety or Nvidia’s confidential data had been compromised.
Jensen Huang acknowledged an extramarital affair in a message to workers with out figuring out the individual concerned. As stories emerged that administrators had been weighing his future, Nvidia shares fell 6.53% to $162.38 in overnight trading. The shares had closed the common US buying and selling session at $173.73, up 2.92%.
On November 12, Nvidia announced Huang’s resignation as president and chief executive, ending his 33-year tenure on the firm he co-founded in 1993. He additionally stepped down from the board. Nvidia appointed Executive Vice President and Chief Financial Officer Colette Kress as interim CEO and named Harvey C. Jones as its first board chairman.
