Billionaire Investor Leo KoGuan Doubles NVIDIA Stake Amid Market Turbulence
Chinese billionaire Leo KoGuan has doubled his position in NVIDIA (NVDA) to 2 million shares, investing approximately $350 million during recent market volatility. The move comes as global equities face pressure from geopolitical tensions, including U.S. and Israeli military actions against Iran.
KoGuan, a prominent Tesla bull, framed the purchase as a stabilizing gesture for "nervous markets." His investment thesis compares NVIDIA to Cisco's dominant position during the 1990s tech boom, positioning the chipmaker as foundational infrastructure for the AI era.
The timing highlights a divergence in tech performance: While NVIDIA shares have declined 5% year-to-date, KoGuan's core holding Tesla (TSLA) has fallen nearly 12% over the same period.