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Tesla "true believer" invests over $100 million to increase stake in NVIDIA, calling AI boom a non-bubble

Tesla "true believer" invests over $100 million to increase stake in NVIDIA, calling AI boom a non-bubble

2026-03-04 16:54

ChainThink message, March 4: Billionaire Leo KoGuan, who previously emerged as one of the largest individual shareholders of Tesla (TSLA.O), stated he purchased 1 million shares of NVIDIA (NVDA.O) on Tuesday.


On Wednesday, Leo posted on X: "I firmly believe AI is not a bubble—it's just the beginning." He later added: "Plans to buy another 1 million NVIDIA shares shortly, signaling support to the stressed market."


NVIDIA closed at $180.05 in New York on Tuesday, meaning the 71-year-old billionaire paid approximately $180 million for this stake. According to the Billionaire Index, his net worth stands at $12.8 billion. (Golden Ten)

Disclaimer: Contains third-party opinions, does not constitute financial advice

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