Tesla "Die-Hard Fan" Invests Over $100 Million to Increase Position in Nvidia, Claims AI Wave Is Not a Bubble

Billionaire Leo KoGuan, who rose to prominence a few years ago as one of Tesla’s largest individual shareholders, announced on Tuesday that he bought 1 million shares of Nvidia. On Wednesday, Leo posted on X saying, “I firmly believe AI is not a bubble; this is just the beginning.” He added, “Planning to buy another 1 million shares of Nvidia soon to support the tense market.” Nvidia closed at $180.05 in New York on Tuesday, meaning the 71-year-old billionaire paid approximately $180 million. According to the Billionaire Index, his net worth is $12.8 billion. (Sina Finance)

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