Lates News

Billionaire Leo KoGuan, who made a name for himself a few years ago as one of Tesla's (TSLA.O) largest individual shareholders, announced on Tuesday that he has purchased 1 million shares of Nvidia (NVDA.O) stock. Leo posted on X platform on Wednesday, saying, "I firmly believe that 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, meaning the 71-year-old billionaire paid approximately $180 million. According to the billionaire index, his net worth is $12.8 billion.