Key Highlights
- Billionaire investor Leo KoGuan has expanded his NVIDIA position to 2 million shares after investing approximately $350M
- KoGuan stated his intention to “contribute a little to calm the nervous market” with the purchase
- The investment occurred during a period of market volatility sparked by Middle East military conflicts
- NVIDIA shares have declined roughly 5% in 2025; his Tesla (TSLA) holdings are down almost 12%
- The investor views NVIDIA as the fundamental infrastructure provider for artificial intelligence, drawing parallels to Cisco’s dominance in the 1990s internet era
Chinese tech billionaire Leo KoGuan, widely recognized as a major Tesla supporter, has significantly expanded his position in NVIDIA. Through posts on X, he revealed purchasing another 1 million NVDA shares, doubling his holdings to 2 million total shares.
Based on current market valuations, the acquisition is valued at approximately $350 million.
KoGuan executed the strategy rapidly, announcing the initial million-share purchase just days before completing the second batch. His stated motivation was to “contribute a little to calm the nervous market” during the turbulent period.
The strategic timing aligns with heightened geopolitical tensions. Following U.S. and Israeli strikes against Iran last month, financial markets experienced widespread selling pressure across equities and fixed income, creating uncertainty among investors.
Through Friday’s trading session, NVDA has lost approximately 5% year-to-date. Tesla, which remains a substantial component of KoGuan’s portfolio, has suffered a steeper decline of nearly 12% during the same timeframe. In contrast, the S&P 500 index has fallen less than 2%.
The Case for NVIDIA
KoGuan’s investment approach has consistently focused on identifying companies that provide foundational infrastructure for transformative technological shifts. He made a substantial commitment to Tesla in 2019, eventually becoming one of its largest individual stakeholders.
His NVIDIA thesis follows this same framework. He identifies the company as the essential foundation of AI infrastructure, noting its commanding 80%+ market dominance in graphics processing units. His comparison likens NVIDIA’s current position to Cisco Systems during the 1990s internet revolution.
KoGuan has consistently maintained that artificial intelligence remains in its nascent phase, rejecting concerns that AI-related stocks have become overvalued.
Portfolio Rebalancing Underway
The substantial NVIDIA investment marks a notable diversification from his concentrated Tesla position. KoGuan has previously expressed disappointment with CEO Elon Musk’s attention split across multiple ventures and his substantial compensation arrangement, motivating a broader distribution of his investment capital.
Prior to the NVDA accumulation, he had already allocated some funds to U.S. government Treasury securities.
While market participants continue debating whether AI stocks have reached excessive valuations, KoGuan is demonstrating the opposite view by increasing exposure. His decision to double down on NVDA during heightened market volatility reflects strong conviction in his investment thesis.
According to GuruFocus, NVDA’s fair value estimate stands at $286.36, though the platform currently flags the stock as a potential value trap at prevailing price levels.
