Nebraska Sen. Ricketts Calls for Action Following Allegations Over Alleged NVIDIA Chip Transfers to China

Following the information release regarding Jensen Huang’s affair with an alleged Chinese spy, Alice Huang, government officials and advisors have expressed concerns about the NVIDIA CEO.
In 2022, the U.S. began pushing to control international technology sales to China, citing concerns that Beijing would soon outperform the United States in artificial intelligence. The company at the center of these concerns was NVIDIA, one of the largest manufacturers of highly coveted AI chips, led by CEO Jensen Huang.
Mr. Huang later began a relationship with Megaspeed, formerly known as 7Road, a Singaporean subsidiary of an online gaming network linked to Shanghai. Alice Huang acquired Megaspeed and renamed it in 2023. A couple of years later, after a public meeting between Mr. Huang and Ms. Huang, Megaspeed received over $4 billion in NVIDIA AI chips.
Megaspeed and NVIDIA, along with their CEOs, have been or are currently being investigated by their respective governments; Ms. Huang by Singapore and Mr. Huang by U.S. Intelligence.
Nebraska Sen. Pete Ricketts released a statement on Monday, stating, “There were people advising the Administration that Communist China did not need or want our high-end chips. If these allegations are true, that is clearly not the case. We need to know if Chinese spies received sensitive information and if Nvidia chips were illegally smuggled through Megaspeed. We need to stop Communist China from obtaining our high-end technology. To start, we must pass my MATCH Act and the Safe Chips Act.”
The MATCH Act and SAFE Chip Act are both currently pending in the U.S. Senate. The MATCH Act was introduced by Sen. Ricketts, while also co-sponsoring the SAFE Chips Act.
More information about the case is still pending.
Photo Courtesy Reuters