Tesla billionaire doubles Nvidia stake; says convinced AI not a bubble, hopes contribution ‘calms nervous market’
Billionaire Leo KoGuan is convinced that the artificial intelligence (AI) sector is not a bubble, and these companies are a solid investment lead, similar to his “all-in” stance in Tesla. In a post first made on 5 March, the investor said he bought a million shares in Jensen Huang’s AI chipmaker and followed it up with another 1 million buy the next day.
Notably, KoGuan has doubled his Nvidia stake amid a global sell-off sparked by geopolitical uncertainties in West Asia and fears of an AI bubble.
