Billionaire Leo KoGuan Says He Will Halt New Nvidia Purchases Without Jensen Huang

Singapore-based billionaire Leo KoGuan told Bloomberg that he will not add to his Nvidia holdings without Jensen Huang. KoGuan, who has put roughly US$1.3 billion into the chipmaker, posted on X on Nov 13 that he will scale back his planned Nvidia investment and look to other super-intelligence companies instead. He added that he hopes to invest in any future company Huang creates or acquires, saying, "I hope he will offer me the opportunity to invest in his future company."

KoGuan, co-founder and chairman of IT firm SHI International, also shared a letter titled "Stand with Jensen" that reportedly includes signatures from figures such as Elon Musk and Zhang Yiming. He described Huang as a "flawed human" but defended him in subsequent X posts.

Huang stepped down from his roles as president, CEO and board member of Nvidia on Nov 12 after acknowledging an affair with businesswoman Alice Huang, who has been accused by U.S. authorities of espionage. Additional allegations of infidelity have also been reported.