The transcript raises serious national security concerns about the unauthorized transfer of sensitive Nvidia H200 AI chips to China through a network involving Singapore and Malaysia. Jensen Wong, CEO of Nvidia, is linked to Alice Wong, a Chinese intelligence asset working at MegaSpeed, a subsidiary of a Chinese company. Reports indicate their meetings in Taiwan and Malaysia, combined with suspicious business growth, suggest a potential espionage scheme. Despite intelligence from the Commerce Department and a memo from Secretary Marco Rubio warning about risks, Trump and his administration took no action. In January 2026, they approved the sale of H200 chips to China—despite prior knowledge of the illicit route—raising allegations of a cover-up. This decision may have been driven by financial interests, as Nvidia’s market value and profits are heavily tied to its semiconductor sales. Critics argue that China already had access to these advanced chips through the route, and that the U.S. failed to protect its technological edge. The situation has prompted congressional scrutiny, with demands for a formal investigation into whether national security was compromised and whether top officials, including Trump and Howard Lutnik, knowingly enabled the flow of sensitive technology. Additionally, the broader implications include the potential use of these chips in China’s and allied nations’ military and drone programs, such as those in Iran and Russia. The timeline suggests a pattern of deliberate inaction despite warnings, raising questions about accountability and the integrity of U.S. export controls.
What did Donald Trump and his despicable regime know about the affair between Nvidia's CEO and founder Jensen Wong and an individual who now it seems is a spy of China? And when the United States approved the sale of the H200 GPUs, those semi-conductors to China in January of 2026, was this basically part of a broader cover-up when the Trump regime knew that Jensen Wong was actually giving the Nvidia H200 GPUs to this Chinese spy through a Singaporean and then a Malaysian subsidiary, and basically in order to cover up the fact that China already had these highly classified, very highly kind of sensitive and confidential chips, did the Trump regime then basically say, "Well, we're just going to give it to China anyway," and so you're free to give it Jensen Wong in order for a broader cover-up. What did the Commerce Department know? Howard Lutnik, when did they know it? What did Secretary of State Marco Rubio know? When did he know it? What did Donald Trump know? When did he know it? And is this part of a massive cover-up where our national security has been compromised with our chips finding their way to China as a result of what has taken place? So, yesterday afternoon, Jensen Wong, the CEO of Nvidia, after denying there was anything that was untoward regarding this relationship that people had been seeing, with this individual and we'll get into more detail about it. Her name was Alice Wong, no relation to Jensen Wong. They just have the same last name. She worked at a company called Megaspeed. Megaspeed is a subsidiary of a Chinese company and we'll go through some of the corporate structure over here. But Jensen Wong and Alice Wong were spotted together in various times at bars together when he was traveling, when he was in Taipei, when he was in other areas. And they looked very comfortable together and there was a lot of speculation. But then it seems that she's a spy of China. And again, we'll get into that moment. But this is the letter that Jensen Wong just sent to, he posted publicly and he sent to his company Nvidia, a message to our company. And again, he was saying there's nothing wrong about this relationship with Alice Wong. This is just how people do business with the Chinese and with people in Singapore and Malaysia. It looks close, but there's nothing there. He's been saying all of that. That could be a material fall statement in a normal functioning law and order SEC Security and Exchange Commission in DOJ, if you're putting that out when that's not true. So here's the message that Jensen Wong posted last night. I owe my family and all of you an apology. I was unfaithful to my wife. My actions hurt her and our children. There was no excuse for what I did. I am deeply sorry. Throughout my life, my family has given me love and support. They deserve my honesty and loyalty. Instead, I let them down and damage the life we built together. I take full responsibility for what I did and the hurt I caused to my family, to my colleagues at Nvidia, including those I have worked alongside for decades into our board partners and shareholders around the world. You deserve better from me. I'm leading Nvidia is the privilege of my life. I'll earn your confidence back reading the national security. He says regarding the national security concerns raised in the news reports and videos board of directors has initiated independent investigation. I support the investigation will cooperate fully. I love our country and our company and I'm committed to protecting Nvidia and supporting the American national security. I am proud and grateful to be an American. My family bears no responsibility for my choices. I do please give them privacy and to be clear Nvidia had a market cap of like $3.5 or like $4 trillion. It's the most valuable company by market cap in the entire United States like more than Apple when they talk about the Mag 70 Magnificent 7 tech stocks like Nvidia's number one and it's so deeply connected with all of its tentacles in all of the AI stocks and all of the data center stocks and all of these tech stocks that something happening with Nvidia can cause massive ramifications with all of these other companies. Nvidia's board put out the following statement yesterday. Then don't worry. I'm going to go through the timeline. We're going to go through this all together. Nvidia's board put out this statement. The Nvidia board is initiating an independent investigation in light of recent reporting that founder and CEO Jensen Wong has been the target of a foreign intelligence effort by China. They don't say that but that's who it's by a committee of independent directors assisted by outside council will oversee the investigation the board prioritizes US national economic security which is paramount to the interest of Nvidia and shareholders. While the board has no reason to believe that either national security or Nvidia secrets were compromised the board's inquiry will examine all available information. Jensen fully supports the review and has committed to cooperating with it. The board has confidence in Jensen and his leadership team will provide further updates as appropriate. Now here the GOP chairman of the foreign affairs committee the House select committee on the CCP and the House permanent select committee on intelligence sent this letter right after the midterms. It seems that they were holding off into the midterms to actually send this letter because they knew would have a massive impact on the American economy and especially all of the AI and tech stocks. Dear Mr. Wong these committee chairman right we are writing to request that you appear before our committees for a joint closed or briefing on Nvidia security protocols against foreign adversary espionage and your interactions with a publicly reported people's Republic of China intelligence asset mega speed executive Alice Wang. Recent reports raise significant national security concerns regarding the PRC's access to sensitive US technology and information. The issue of PRC infiltration and access to cutting edge US technology is core to the investigative work of our three committees in Congress. It is vital that Congress determines the extent to which US national security has been placed at risk. We formally request you appear in room 2172 of the Rayburn House office building on November 18th, 2026 to brief our committees. We request acceptance of this date for your appearance or the provision of an alternative date during the session day of the 1119 Congress by November 11th, 2026. In other words, before the new Congress comes into power, although I'm sure the new Congress would want to investigate this as well. We'll show you just this photo right here of Jensen Wong with Alice Wang over here. You can see they were at this banquet at the San Luis Shifu in Taipei in Taiwan over here. You can see them getting very cozy together. They were at a bar over here as well. I'll show you some b-roll of what that looked like as well. Now I want to share with you this timeline that I prepared. Let's pull this graphic up and I think this will explain a lot of what has happened. First, let me show you when Donald Trump was on the tarmac heading back to DC after spending this weekend in Mar-a-Lago. He was asked about Jensen Wong and he was asked, "Would you bring Jensen Wong with you on your trip coming up to Asia? "Would you bring him with you?" And Trump's like, "Yeah, why not? This stuff happens all of the time." These are just things that happen, he says. What do you mean, these are things that happen all of the time? That there are spies that infiltrate the top market cap company in the United States and gain access to the very special GPUs. The top semi-conductor chips that exist that before were under the Biden administration and prior administrations had high classification and there were a lot of security controls on them. Here's what Trump said. Here, play this clip. Let's break it down. I did this kind of chart to make this kind of make sense and we'll talk about how this also implicates Trump. So let Nick, Marco Rubio, the entire Trump regime. So I talk about Nvidia, AI chip company, the most valuable company in the United States by market cap. I said three and a half to $4.5 trillion by market cap as of November 6. Perhaps I was foreshadowing what's about to happen to this company potentially. We'll see. Jensen Wong is the CEO. Alice Wong, her also known as Wong Lee, is a Chinese business woman and she was someone who ran this company called mega speed, which we'll talk about how that was set up. She's not related to Jensen Wong. The mega speed is a subsidiary of a Chinese company called Seven Road. So Seven Road is the Chinese company. They spun off a subsidiary.
called mega speed, which was based in Singapore and another company called Speed Matrix in Malaysia, right? So you have seven road, seven road Chinese company, seven road creates mega speed, and seven road creates another, and then mega speed creates speed matrix. Chinese company, Singaporean company, Malaysian company, like, well, why would they just do that? Well, there are export controls on giving these chips to China. However, there were not the same export controls on Malaysia and Singapore, and in places like Malaysia, they have this whole data center kind of infrastructure that's built out in Singapore. And so what, as we'll talk about what was happening was this company mega speed kind of comes out of nowhere, and it goes from having a few million dollars on its balance sheet overnight. It's carrying billions of dollars on its balance sheet because it's cutting these deals with Jensen Wang and with Nvidia, where it's getting these chips, and then it's leasing access to these data centers in Malaysia. So the Singapore is buying the chips, then it's got these data centers in Malaysia, which are then interfacing with China. And so it's routing these chips through China via that route right there, and towards the end of the Biden administration, they basically did an investigation, and they were saying, we think this is what's happening. They passed on the information to Trump, not only to Trump ignore it, Trump deep-sixed it, and then we'll talk about what was happening there. But this was being investigated, and then Trump kind of just blocked it, or didn't go forward with what was actually known. Okay, let's talk about it. So June 2024, in Taipei, Taiwan, that's the first time we see Jensen Wang with Alice Wang. They're at a bar together, it looked weird, it looked odd, Nvidia was questioned about it, like why these photos started to surface, and they were to say, now it's just a regularly scheduled meeting. This is just mega speed. This is a company that would normally be someone that Nvidia does business with. So we've got that. Then all of a sudden, after that meeting, you have all of these deals start taking place between Nvidia and mega speed. And mega speed, again, comes out of nowhere, goes from a few million bucks on the balance sheet to billions of dollars. So we're talking about a billion dollars in Nvidia technology purchases happening this way. Then in September 2024, a common or commerce official fines, Nvidia equipment still boxed at a data center in Malaysia, official suspect possible shipment onward to China, although there was no conclusive proof at the time. Over the next nine months into 2025, mega speed continues to acquire Nvidia technology, another billion dollars. Where's mega speed getting its money from, likely from China, of course. Then around late 2025, Donald Trump starts to get briefed about what's happening with Jensen Wong. The New York Times reports that Trump received intelligence, identifying Alice Wong as an asset, passing information to Beijing China. He took no action, Trump took no action, amid concerns about the chip sales, markets, and China trade. The exact briefing date is not public. But one of the things that people were warning about Nvidia when you look at its balance sheet is a lot of it is 20% or 30% of its GPU sales. It's semi conductor sales, these big processing units. Is it actually based on unlawful trade, band trade with China that was going through Singapore and Malaysia through these cutouts like mega speed. And are there other versions of that? And basically was this one big scheme that advanced China's interest. And was that 20% or 15% of Nvidia's business. There are lots of people who were saying it seems that your South Asian and your business is actually a front for doing business unlawfully with China. But then you'll recall in January 2026, Trump allows for Nvidia and signs off on H200 sales to China was that a prophylactic to basically cover up exactly what I'm saying that was going down for all of these years, which is one of the things that allowed Nvidia to grow the way it did. And this is also significant to because China is allied with Iran. And so Iran's development of these top-notch ballistics and cruise missiles and drones when you look at some of the dual use components and you open up this stuff, you find chips, you know, from American companies that are basically being used against America. By the way, we should never have been involved in the catastrophic war in the first place, I'll be very clear, but it's also becoming clear that American semi-conductor technology has found its way to China and then found its way into places like Iran and then found its way to places like Russia. And if you look at the Garen-4, Garen-5-style drones that Russia uses against Ukraine and the Iskenders and all these all this tech that I talk about, right? A lot of that technology is coming from, you know, US semi-conductor technology when you open it up, which actually can go through China as well in this path that I'm describing right now. So then you have December 8, 2025, Trump announces he will allow Nvidia H200 chips to be sold to approve customers in China. This is an announcement and January 2026, it actually becomes official. Spring 2026, there's a classified warning, New York Times reports that Marco Rubio oversaw a memo warning senior officials about Jensen Wong's relationship with Alice Wong. It circulated before Trump's may trip to China. Trump's trip to China took place May 13th to 15th, 2026 and meetings took place May 14th and 15th and Jensen Wong attended the May 14th arrival ceremony in China. Jensen Wong was there for that trip in China and then when the licensing of the H200s took place that had to be approved by the commerce department, Howard Lutton, commerce announced the new rule change January 13th giving China these H200 chips, which they were previously banned from having, but they were apparently getting them based on this reporting via Singapore and Malaysia, Alice Wong, Jensen Wong and we believe that that's how it was getting to China. And so that's where it's at right now, you know, just to give you a sense of the background there. And so the question is is so Trump knew our national security was being compromised. He knew about the Alice Wong, Jensen Wong situation and let it keep on going. Howard Lutton, from commerce, knew about it. Let it keep on going. Marco Rubio knew about it. And then they say, oh, well, China's not helping Iran and Russia's not helping and they're not helping each other. And it's actually I believe a lot of the technologies coming through this route. This is why this is some national security issues that have previously been addressed. And then the broader question is is Nvidia's valuation and Nvidia's record profits is a major amount of that coming from in the past, getting all of these chips to China through Malaysia and Singapore cutouts. And you know, when the age 200 was made directly available to China, China didn't really want anymore. That was one of the notable things, right? By the time the Trump regime said to China, you could have the age 200 in January, there was very little appetite to buy it. And you can say, well, that's because they're prioritizing their domestic GPUs. So why would they want to buy an age 200? Another argument you can say is, why would you need multiple age 200 chips? Once you've got one, you can deconstruct it and then have your own and China's been very good at having people reconstruct, deconstruct and rebuild it. So you can say that or three, you can say, well, they've already got it. They don't need more. They already have it. And then the age 200 has now been surpassed by the Blackwell and the Blackwell has been surpassed by an even more advanced GPU. So they used it for the time they needed it. Trump seems to have given all of this cover. And meanwhile, Donald Trump is heavily invested in semi-conductors. He's heavily invested in funds that have Nvidia in it. He's heavily invested personally in all of this. And the questions start to arise too. Him and Lutnik, the personal benefits that they're getting throughout all of this too. So that's the basic breakdown of it. So you understand? Hit subscribe. Let's get to 7 million subscribers. Appreciate you sticking through all of that. We appreciate you. It's finally here, WTF America. The book I wrote with my brothers is out now. It's about how we got into this hell and how we get out. Scan the QR code, click the link in the description where find it anywhere books are sold.
a little bit order your copy today.
Podcast Summary
Key Points:
Jensen Wong, CEO of Nvidia, was publicly linked to Alice Wong, a Chinese intelligence asset working at a Singapore-based subsidiary MegaSpeed, raising serious national security concerns.
The corporate structure involving MegaSpeed and Speed Matrix in Malaysia allowed Nvidia’s H200 GPUs to be routed through Singapore and Malaysia to circumvent U.S. export controls on China.
In 2024, reports emerged of Wong and Alice Wong meeting in Taiwan and Malaysia, sparking speculation about espionage and illicit business practices involving sensitive AI chips.
Despite intelligence from the Commerce Department and a memo from Secretary of State Marco Rubio warning about the risks, Trump and his administration took no action to halt the flow of sensitive chips to China.
In January 2026, the U.S. approved the sale of H200 GPUs to China—despite prior known risks—suggesting a deliberate cover-up to protect Nvidia’s profits and market position.
The timing of the approval coincided with Trump’s visit to China, where Jensen Wong attended an arrival ceremony, raising questions about complicity and intent.
Critics argue that Nvidia’s massive profits and valuation may be tied to illegal or unauthorized trade with China via third-country subsidiaries.
A congressional investigation has been launched to examine foreign espionage, national security breaches, and the role of top U.S. officials in enabling these transfers.
Summary:
The transcript raises serious national security concerns about the unauthorized transfer of sensitive Nvidia H200 AI chips to China through a network involving Singapore and Malaysia. Jensen Wong, CEO of Nvidia, is linked to Alice Wong, a Chinese intelligence asset working at MegaSpeed, a subsidiary of a Chinese company. Reports indicate their meetings in Taiwan and Malaysia, combined with suspicious business growth, suggest a potential espionage scheme.
Despite intelligence from the Commerce Department and a memo from Secretary Marco Rubio warning about risks, Trump and his administration took no action. In January 2026, they approved the sale of H200 chips to China—despite prior knowledge of the illicit route—raising allegations of a cover-up. This decision may have been driven by financial interests, as Nvidia’s market value and profits are heavily tied to its semiconductor sales.
S. failed to protect its technological edge. The situation has prompted congressional scrutiny, with demands for a formal investigation into whether national security was compromised and whether top officials, including Trump and Howard Lutnik, knowingly enabled the flow of sensitive technology.
Additionally, the broader implications include the potential use of these chips in China’s and allied nations’ military and drone programs, such as those in Iran and Russia. S. export controls.
FAQs
According to the transcript, Trump was briefed on the intelligence identifying Alice Wong as a Chinese asset and reportedly took no action despite concerns about national security.
Yes, the Commerce Department, specifically Howard Lutton, approved the sale of H200 GPUs to China in January 2026, reportedly based on information involving Alice Wong and the corporate structure through Singapore and Malaysia.
Yes, a memo circulated in spring 2026 under Rubio’s oversight warned senior officials about the relationship, indicating he was aware of the national security concerns.
Yes, Trump approved the sale of H200 chips to China in January 2026, which allowed for the export of highly sensitive AI chips despite prior concerns.
MegaSpeed, a subsidiary of a Chinese company and based in Singapore and Malaysia, was allegedly used as a front to route Nvidia GPUs through international jurisdictions with weaker export controls, facilitating access to China.
Yes, Jensen Wong publicly apologized, admitting he was unfaithful to his wife and expressing regret, though he denied any national security breaches or illegal activities.
Chat with AI
Loading...
Pro features
Go deeper with this episode
Unlock creator-grade tools that turn any transcript into show notes and subtitle files.