Tesla billionaire buys 1M Nvidia shares, plans another 1M purchase

Leo KoGuan, founder of SHI International and a major individual Tesla shareholder, announced he purchased one million shares of Nvidia on Tuesday. He stated his intention to buy another million shares soon to support the "nervous market." KoGuan, whose net worth is estimated at $8.7 billion, views Tesla as "embodied physical AI" and Nvidia as the foundational enabler of the AI stack. He strongly believes AI is not a bubble, calling it the core of the "KQID time engine," which he equates to AGI and the Singularity. Nvidia's importance is underscored by its essential role in AI development, reflected in its record fiscal 2026 revenue of approximately $216 billion, largely driven by a 68% surge in data center revenue.

(Source：Crypto Briefing)