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‘No further investment without Jensen’: Billionaire stops buying Nvidia as Musk and top funds rally behind Huang

Yahoo

Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below. A billionaire who went big on Nvidia (NASDAQ:NVDA) this year just closed his wallet. "No further investment without Jensen," billionaire Leo KoGuan told Bloomberg (1) in a text message, a day after Jensen Huang resigned as Nvidia's CEO. KoGuan, best known as one of the largest individual shareholders in Tesla (NASDAQ:TSLA) and worth about $13.2 billion by Bloomberg's estimate, said he has put about $1.3 billion into the chipmaker, though Bloomberg couldn't independently verify that figure. His pledge covers new purchases; he didn't say he'd sell the shares he already owns.

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