Tesla "superfan" invests over 100 millions USD to increase holdings in Nvidia, claims AI wave is not a bubble

格隆汇 March 4th丨Billionaire Leo KoGuan, who emerged a few years ago as one of the largest individual shareholders of Tesla (TSLA.US), stated that he bought 1 million shares of Nvidia (NVDA.O) on Tuesday. Leo posted on the X platform on Wednesday: "I firmly believe AI is not a bubble, this is just the beginning." He then added: "I plan to buy another 1 million shares of Nvidia soon, to show support for the nervous market." Nvidia closed at $180.05 in New York on Tuesday, which means the 71-year-old billionaire paid about $180 millions. According to the Billionaire Index, his net worth reaches $12.8 billions.