Team Jensen: Billionaire born in Indonesia, based in Singapore won’t be pumping anymore money into Nvidia after Huang’s exit
SINGAPORE, Nov 15 — Singapore-based Chinese-American billionaire Leo KoGuan has vowed not to buy more Nvidia share...
Singapore-based billionaire Leo KoGuan, the co-founder and chairman of IT firm SHI International, has announced that he will not be investing further money in Nvidia after CEO and co-founder Jensen Huang's exit from the company. KoGuan, who has invested around US$1.3 billion in Nvidia, expressed his disappointment on X, stating that he will reduce his planned investment in Nvidia and instead focus on other super-intelligence companies.
KoGuan defended Huang, calling him a "flawed human" and claiming that the board of directors at Nvidia overstepped in firing him. Huang stepped down from his positions at Nvidia on November 12 after admitting to an affair with businesswoman Alice Huang, who has been accused of being a Chinese spy.
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