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Nvidia CEO Jensen Huang has admitted to an extramarital affair with Alice Huang, a Chinese businesswoman suspected of working as a spy for Beijing, and apologized, according to KBS World and Korea Times reports. Nvidia's board said Sunday it is probing whether Huang was the target of a "foreign intelligence effort" after media reports alleged the relationship involved passing information to China. The scandal has erased about $430 billion in Nvidia's market value over two sessions, and a shareholder has sued the company and Huang, alleging investors were misled in responses to the affair reports. Korea Times reports U.S. intelligence officials have flagged Alice Huang as a suspected spy, and the case has put South Korea on alert over potential "honey trap" espionage tactics. Korean media coverage focuses on the national security implications and Nvidia's future, with Business Korea noting the U.S. has tightened tech curbs on China following the scandal.