Tesla Billionaire Buys More Nvidia to ‘Calm the Nervous Market’

Billionaire Leo KoGuan doubled his stake in Nvidia Corp. to 2 million shares, boosting his investment in the chipmaker at a time when the war in the Middle East has sparked a global selloff of everything from bonds to equities.

“As promised, I bought additional 1 million shares of NVDA today,” the investor posted early Saturday on X, days after he announced his first purchase.