Megaspeed, tied to Jensen Huang’s former partner Alice Huang, reportedly funneled nearly $12 billion in Nvidia chips to China
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Wall Street Journal documents say Megaspeed arranged roughly $12 billion in high-performance Nvidia orders for Chinese companies from March 2024 through June 2025, moving hundreds of thousands of chips the US tried to block. As an Nvidia cloud partner with Alibaba as a major client, it had preferential access. Nvidia reported $12.4 billion and 7% of revenue from China over six months; Culper Research estimates China’s true share exceeded 20% last fiscal year.
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