US authorities continue to investigate Alice Huang’s role at Megaspeed International amid allegations she acted as a Chinese intelligence asset and facilitated diversion of export-controlled Nvidia AI chips, with the Commerce Department having referred the matter to the Justice Department. No public indictment or federal charges against Huang have been filed as of November 12, 2026, and she is reported to be in Beijing. Singapore authorities maintain a separate probe into the company, while a civil securities-fraud suit targets Nvidia and Jensen Huang over related disclosures. Congressional briefings scheduled for November 18 could surface additional details, though extradition barriers and the absence of confirmed criminal referrals keep near-term charging prospects limited in trader assessments.