Documents reviewed by Bloomberg reportedly show that Nvidia H800 servers sold to a Singapore cloud partner ended up in a Shanghai data center tied to Alice Huang's former company. Per Engadget's summary of the Bloomberg report, Dell sold 22 servers with H800 chips to Aperia Cloud Services, and filings list 52 Super Micro systems with H100 or H200 chips among servers pledged as loan collateral. The documents do not say whether Huang was personally involved.
The story adds the first hardware-level trail to a saga we have covered since Jensen Huang's resignation. Our timeline has the earlier steps.
TL;DR: the claimed chain
| Link in the chain | What is reported | Status |
|---|---|---|
| Dell to Aperia | 22 servers with H800 chips sold to Aperia Cloud Services, Singapore | Per Bloomberg documents |
| Aperia's status | Described as an Nvidia Cloud Partner; Nvidia says it was no longer active when its CEO was arrested and has removed it from its public list | Nvidia statement, per Techzine |
| Shanghai Longteng subsidiary | Pledged 193 servers as loan collateral in January 2025 | Per filings Bloomberg reviewed |
| Super Micro hardware | 52 systems with H100 or H200 chips among the collateral | Per filings |
| Location | A Shanghai AI facility, the Yangtze River Delta Project | Documents confirm hardware there, per Techzine |
| Alice Huang's role | Founded Longteng, left in 2017 | Her personal involvement is not established |
What do the documents show?
Engadget and Techzine both rely on documents Bloomberg reviewed. Two sets matter.
The Dell servers. Aperia purchased 22 Dell servers containing Nvidia H800 chips, which cannot be sold into China. Dell halted sales and support to Aperia International in February 2025 over chip-smuggling concerns.
The collateral. A Shanghai Longteng subsidiary pledged 193 servers as loan collateral in January 2025. Engadget says 52 of those were Super Micro systems with H100 or H200 chips, which need express US government permission to sell to Chinese companies. The article does not break down the other servers.
Techzine says the documents confirm the hardware was in the Shanghai data center. A previous link between Megaspeed and that data center rested mainly on investor presentations and corporate information, so the filings are a harder kind of evidence. We have not seen the documents ourselves.
Who is Shanghai Longteng, and what is the Yangtze River Delta Project?
Shanghai Longteng Intelligent Computing was founded by Alice Huang, in 2015 according to Techzine. She left in 2017, and her sister Huang Yu became the majority owner, Engadget reports. The servers sit at the Yangtze River Delta Project, a Shanghai facility. Engadget says Megaspeed presented a rendering of it to investors in 2024 as its largest AI facility, and that its president, Kang Wei, is reported to be Alice Huang's husband. That marriage is described as reported, not confirmed.
Our earlier post on Huang-linked firms and DeepSeek traced a different chain through Shanghai Century Longteng and other companies using CNBC's summary of Chinese filings. The two reports touch the same corporate family, but they describe different transactions.
Dotted route map to a destination, illustrating the reported path of Nvidia servers from Singapore to Shanghai
What did the companies say?
- Dell: Cut off Aperia in February 2025 "due to concerns", per Engadget. No fresh statement was included.
- Aperia: Denies wrongdoing, declined to comment by phone and did not respond to emails, per Techzine.
- Nvidia: Said Aperia was no longer an active customer when its CEO was arrested, and has removed it from its public Nvidia Cloud Partner list, per Techzine. Engadget's article had no Nvidia response.
- Super Micro and Megaspeed: No statements in either report.
- Singapore: No government response in the reports we read. Singapore prosecutors have separately charged people in a server-fraud case; see our Singapore routing explainer.
What is claimed and what is verified?
| Statement | Our read |
|---|---|
| Servers with banned chips reached Shanghai | Reported from documents; we cannot see them |
| Aperia sold or received the Dell H800 servers | Bloomberg documents; Techzine adds an anonymous source on the sale and Aperia denies wrongdoing |
| Alice Huang bought the servers | Not established; reports say so explicitly |
| Alice Huang is a spy | US officials' reported belief, disputed inside US intelligence per our timeline |
| Nvidia knowingly sold to a pass-through | Not shown; Treasury Secretary Bessent has called for an investigation |
| The shipments violated US trade rules | Bloomberg's characterization, per Techzine; no charge cited |
The distinction between "chips ended up somewhere" and "someone knowingly arranged it" is the core of this story. The documents speak to the first. They are silent on the second.
Why does this matter for the political fight?
Treasury Secretary Scott Bessent said on November 13 that other agencies favored placing Megaspeed on the entity list while Commerce held the pen; see our post on Bessent blaming Commerce. The Bloomberg findings give that argument physical evidence. They may also feed the questions in the Senate Banking summons and the earlier Bloomberg report that Nvidia's general counsel intervened in the probe.
Techzine also notes that Jensen Huang said in May 2025 there was no evidence of chips being diverted. That quote now sits beside documents that, if accurate, show servers from a Nvidia Cloud Partner in Shanghai.
How do smuggling routes like this work?
The reported pattern is simple. A legitimate-looking buyer in a third country, here a Singapore cloud partner, orders servers from a major vendor. The vendor sells on the assumption the end user is in Singapore. Later the machines turn up elsewhere. Controls depend on end-user documentation, so the weak points are paperwork, resellers and loan or leasing records, which is why a collateral filing became the evidence.
For a primer on the enforcement side, see our Singapore explainer, which covers why the city-state became a hub for these flows.
What are readers asking?
Which chips are which? The H800 was Nvidia's China-market variant of the H100 with reduced interconnect speed, and it was later barred too. The H100 and H200 are the full-speed data-center parts. In this report, the Dell servers carried H800s and the Super Micro systems carried H100 or H200 chips, so the collateral list is the more serious find on the export-control side because those parts need explicit US permission.
Why does a loan filing matter? Collateral records list serial-level hardware because a lender needs to identify what secures its money. Bloomberg found that list, so the servers are documented as existing in a Chinese company's books. That is different from a shipping manifest, which only shows where something was sent.
Does this prove Megaspeed smuggled chips? No. Engadget says Megaspeed publicly presented the Yangtze River Delta Project as its largest AI facility, and Techzine says earlier ties were mainly from investor presentations. The new documents tie the facility to the Longteng subsidiary's servers. Neither report says Megaspeed itself delivered the machines, and Megaspeed did not comment.
Does Nvidia face consequences? Nothing in the reports describes a charge against Nvidia. The company's stated position, per Techzine, is that Aperia was no longer active when its CEO was arrested and has been removed from the public partner list.
How can you check a claim like this yourself?
Public records are the best test of a smuggling story, and anyone can read parts of them:
- Court dockets. Singapore prosecutors have brought charges in a server-fraud case over servers bought from Dell, Super Micro and Asus, as reported in earlier coverage. Charge sheets name the vendors and counts.
- Corporate filings. Chinese company registries and loan-collateral records, which Bloomberg used, list pledged assets and owners.
- Vendor partner lists. Nvidia's public partner list is where the removal of Aperia would show; compare it against archived copies.
- Official export listings. The US entity list is published by Commerce, and a Megaspeed addition would appear there first.
Each source answers a different question: who bought, who owns, who is authorized and who is restricted. When a new report arrives, ask which of those four questions it answers, and whether the evidence is a document or a person's account. Bloomberg's piece leans on documents, which is why it carries more weight than the investor-presentation links that came before it.
What this means for what you build or pay
If you rent GPU capacity from a smaller cloud, ask where the servers are located and whether the provider is still listed as an active partner by the chip vendor. If you buy servers, keep end-user documentation. And expect tighter checks on resellers if regulators act: that could slow deliveries and raise prices for legitimate buyers in Southeast Asia.
We will update this post if Dell, Nvidia, Super Micro or the US government publish statements or filings.
Related reading
- Jensen Huang resigns; Colette Kress interim CEO
- Nvidia, Huang and Megaspeed: the full timeline
- Huang-linked firms and DeepSeek: claimed vs verified
- Bessent blames Commerce for the Megaspeed delay
- Singapore chip routing and Megaspeed
- Nvidia general counsel and the paused BIS probe
- Wyden and Neal on Nvidia export licenses
Details come from Bloomberg's reporting as relayed by Engadget and Techzine, accurate as of November 13, 2026, and may change.