F2Pool co-founder Wang Chun: Jensen Huang is just the low-hanging fruit; the real target is Musk
On November 12, 2026, Nvidia's board announced that co-founder, President and CEO Jensen Huang had resigned from all positions, effective immediately. The company appointed longtime CFO Colette Kress as interim CEO and launched a formal CEO search; on the same day, the board established the chair position for the first time, with director Harvey C. Jones taking the role.
Before Huang's resignation, he had publicly admitted to being unfaithful to his wife. Related reports indicated that the extramarital relationship involved Alice Huang, an executive at Singapore's Megaspeed (U.S. intelligence agencies suspect her of being related to Chinese intelligence; Megaspeed has been accused of helping transfer controlled chips to China), as well as internal Nvidia subordinates (including Kimberly Powell, vice president of the medical business). The Economist published an editorial on November 11 titled Jensen Huang Must Resign, saying that his position had become untenable due to judgment lapses and national security risks, and wrote that not only should he bear the responsibility alone.
On November 13, F2Pool co-founder Wang Chun (Chun Wang, X account @satofishi) wrote in response to the above-mentioned editorial and a post saying that there were forces trying to bring down Jensen Huang: Jensen is just the low-hanging fruit. Their real target is Elon. (Jensen Huang is just the low-hanging fruit; their real target is Elon.)
Original source: x.com/satofishi/status/2121144938750742564
ABAB AI Insight
On the surface, the event is an executive reshuffle caused by personal conduct; in substance, it is a simultaneous reset of control and narrative power at a key node of AI infrastructure (Nvidia). Huang has long existed as a “founder + absolute operator,” and his departure shifts the company from being tied to one person to an institutional transition, with the interim CEO and formal search process launched at the same time, and pricing power moving from a single decision-maker to the board and market expectations.
Wang Chun's statement reframes the personal scandal as a “selective strike.” The logic of the low-hanging fruit rests on the premise that the attacker first chooses the target with the least resistance and the most complete evidence chain to make an example, and then extends to higher political or capital-sensitive targets. This logic has repeatedly appeared in staged cleanups of tech oligarchs by regulators, media, and capital.
Nvidia and SpaceX/Tesla sit at the intersection of AI computing power and the physical-world execution layer. If Wang Chun's judgment is correct, then the current event is not only a corporate governance issue, but also a sequence of actions testing “key technology controllers.” On the capital side, this will accelerate institutional investors' repricing of “key person risk” and increase the weight given to governance structure, conflict-of-interest disclosure, and national security compliance.
Conclusion: Huang's resignation is a completed governance action; “the real target is Musk” is a structural interpretation by market participants. At present, there is no independent public evidence confirming coordinated action, but this interpretation itself has already entered the pricing process of capital and public opinion.
ABAB News · Cognitive Law
Low-hanging fruit first: clear the least resistant target first, then probe targets with higher sensitivity.
The key person is the system risk: the deeper the founder tie, the more dramatic the transfer of pricing power upon departure.
Narrative is the attack surface: once personal conduct is elevated into a national security narrative, governance procedures are accelerated to completion.