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Nvidia CEO Jensen Huang has admitted to an affair with Alice Huang, a businesswoman suspected of working as a spy for the Chinese government, prompting the company's board to open an independent probe into whether he was the target of a foreign intelligence effort, Korea Times and KBS World report. The New York Times reported that U.S. intelligence assessed a Chinese executive at a Singapore-based data center company who had close contact with Huang as a Chinese intelligence asset, Business Korea says. China's foreign ministry called the "so-called Chinese spy narrative" unsubstantiated, Korea Times reports. Korean business media are closely watching the fallout: Business Korea reports the scandal is "spreading like wildfire" and has sparked watch in the global automaker industry, while also fanning uncertainty in Korea's chip sector. House Republicans have requested a closed-door briefing with Huang, and President Donald Trump's close ties to him are under scrutiny, Korea Times and Business Korea report.