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Leo KoGuan
(Getty Images)

Billionaire Tesla bull tweets that he purchased 1 million shares of Nvidia

Shares of the chip designer are up modestly in premarket trading.

Luke Kawa

Billionaire software entrepreneur, philosopher, and major Tesla bull Leo KoGuan has a new member of the Magnificent 7 that he’s also fond of.

In a post on X, KoGuan said he bought 1 million shares of Nvidia on Tuesday, and told Bloomberg that he plans to buy an additional million shares soon to “show support to nervous market.”

Shares of the chip designer are up less than 1% in premarket trading.

Per Bloomberg, KoGuan’s net worth is about $12.8 billion, much of which is tied to a Tesla position that was reportedly as high as 27.7 million shares in May 2024, as well as his 40% stake in SHI International, the enterprise software firm he cofounded.

The “KQID” that KoGuan references stands for “KoGuan Quantum InfoDynamics,” his personally developed theory of metaphysics, which maintains beliefs such as “consciousness is mass x time = Planck h; thus atom x time is consciousness or our earth, Sun and moon x time are consciousness.”

Anyway, buy Nvidia?

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