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Tesla "superfans" invest over a billion dollars to increase their holdings in Nvidia, claiming the AI wave is not a bubble
GateNews
BlockBeats News, March 4 — Billionaire Leo KoGuan, who first gained prominence a few years ago as one of Tesla’s (TSLA.O) largest individual shareholders, announced on Tuesday that he bought 1 million shares of Nvidia (NVDA.O).
On Wednesday, Leo posted on X saying, “I firmly believe AI is not a bubble; this is just the beginning.” He added, “Planning to buy another 1 million shares of Nvidia soon to show support for the tense market.”
Nvidia closed at $180.05 in New York on Tuesday, meaning the 71-year-old billionaire paid approximately $180 million for these shares. According to the Billionaire Index, his net worth is $12.8 billion. (Jin10)
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