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Nvidia CEO Huang admits affair with alleged Chinese spy
Nvidia CEO Jensen Huang has admitted to an extramarital affair with Alice Huang, a businesswoman suspected of working as a spy for the Chinese government, prompting an independent board investigation into whether he was the target of a foreign intelligence effort, KBS World and Korea Times report. The scandal has erased about $430 billion in Nvidia's market value over two sessions, and a shareholder has sued Nvidia and Huang, accusing them of deceiving investors in responses to media reports, Korea Times reports. U.S. intelligence officials say Alice Huang passed information, and the affair has emerged as a significant national security concern for the United States, with Korea on alert over the 'honey trap' implications, Korea Times reports. Korean media coverage focuses on the global fallout, including how China obtains Nvidia chips through suspected smuggling and the potential collateral damage in Washington, with Business Korea noting Huang admitted being unfaithful to his wife.
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