Chinese billionaire Leo KoGuan, widely recognized as one of Tesla’s most prominent individual investors, has made a significant move into NVIDIA. Through posts on X, he revealed purchasing another 1 million NVDA shares, doubling his position to 2 million total shares.
Based on recent market prices, the investment is valued at approximately $350 million.
KoGuan executed the purchases in rapid succession, announcing the initial million-share acquisition just days before completing the second. He expressed hope that his investment might “contribute a little to calm the nervous market.”
The strategic timing coincides with heightened geopolitical uncertainty. Last month’s U.S. and Israeli military strikes against Iran sparked widespread selling across equity and bond markets worldwide, shaking investor sentiment.
Through Friday’s closing bell, NVDA has retreated approximately 5% year-to-date. Tesla, which remains a cornerstone of KoGuan’s portfolio, has slumped nearly 12% during the same timeframe. By comparison, the S&P 500 has dipped less than 2%.
KoGuan’s investment strategy has consistently focused on identifying companies that serve as foundational infrastructure for transformative technological shifts. He made a substantial early commitment to Tesla in 2019, eventually becoming among its largest individual stakeholders.
His rationale for investing in NVIDIA mirrors this approach. He identifies the company as the essential foundation of artificial intelligence computing, highlighting its commanding 80%+ share of the GPU market. KoGuan has likened NVIDIA’s current position to Cisco’s dominance during the 1990s internet revolution.
The billionaire has publicly stated his belief that artificial intelligence remains in its infancy, rejecting concerns that AI sector valuations have become excessive.
This NVDA acquisition marks a significant portfolio diversification beyond Tesla holdings. KoGuan has openly criticized Elon Musk’s scattered attention across multiple ventures and questioned his substantial compensation arrangement, motivating him to broaden his investment base.
Previously, he had allocated some funds into U.S. Treasury securities as part of this diversification strategy.
While market participants continue debating AI stock valuations, KoGuan is increasing rather than reducing his exposure. His decision to double his NVDA stake during heightened market volatility demonstrates strong conviction in his investment thesis.
According to GuruFocus, NVDA’s GF Value currently stands at $286.36, with the platform indicating the stock may be a potential value trap at present levels.
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