Big Tesla backer Leo KoGuan buys 1 million Nvidia shares, saying AI is not a bubble
By Yun Li
Published on March 4, 2026.
Billionaire trader Leo KoGuan has purchased 1 million shares of Nvidia, expanding his investment into artificial intelligence beyond Tesla. He stated that he plans to buy more as he believes the surge in AI investment is still in its early stages. This move comes after Nvidia's recent blowout quarterly report failed to boost the stock. Some investors have highlighted the company's stalling $100 billion deal with OpenAI as a key issue. However, some analysts remain optimistic about the future of AI infrastructure, while others question its sustainability.
Related Articles
Stablecoin Giant Tether Invests $50 Million in Eight Sleep for AI Health Features
Tether invests $50 million in Eight Sleep to develop AI health features using Tether's QVAC architecture, following recent market surges and predictions of future market volatility.
Coinbase and Robinhood Stocks Surge, One Day After Cathie Wood Buys the Dip
Coinbase and Robinhood stocks surged as Ark Invest bought $4 million in Coinbase and $12 million in Robinhood during a market dip due to war uncertainty and political tensions.
Malden Police Make Drug-related Arrest
Malden police arrested Jerry Pierre-Francois for possessing multiple illegal drugs, including crack cocaine, methamphetamine, and fentanyl, urging caution ahead of their release date.