Nvidia chip orders for China
The story so far
Alice Huang's Megaspeed company is reported to have arranged nearly $12 billion in orders for Nvidia high-performance chips for Chinese companies, delivering them to Chinese buyers with long-term business ties to domestic tech giants. As an Nvidia Cloud Partner, Megaspeed is said to have gained priority access to scarce AI chips by treating Alibaba as a major client. Documents reviewed by The Wall Street Journal show these orders occurred between March 2024 and June 2025. Although Nvidia's official report stated $12.4 billion in revenue from China in six months, accounting for 7% of its total revenue, short-selling firm Culper Research estimated that over 20% of its revenue last fiscal year came from Chinese clients.
AI-written from the reports · Updated 8 hours ago
Coverage timeline
Follow the coverage to see every side of the story.
- The DecoderThe company related to Huang Renxun's ex-girlfriend is reported to have arranged nearly $12 billion in Nvidia chip orders for Chinese enterprises
Megaspeed arranged nearly $12 billion in orders for Nvidia high-performance chips for Chinese companies between March 2024 and June 2025, as shown in documents reviewed by The Wall Street Journal. The company, owned by Alice Huang, who was previously the girlfriend of Jensen Huang, delivered the chips to Chinese buyers with long-term business ties to domestic tech giants.
Heat over time
- Now
- 8
- Peak
- 1015 Nov, 20:00
- 24h change
- –
Hover or tap the chart to see each hour; use the arrow keys on a keyboard.