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 shares after scandal-ridden CEO and co-founder Jensen Huang's exit.
The Indonesian-born businessman told Bloomberg: "No further investment without Jensen," claiming that he has invested around US$1.3 billion (S$1.7 billion; RM5.3 billion) in Nvidia.
On Friday (November 13), he wrote on X: "I will reduce my plan[ned] investment in Nvidia. Instead, I will invest more in other SI (super-intelligence) companies. I hope and plan to invest in Jensen Huang if he creates or buys [an] SI company.
"I hope he will offer me the opportunity to invest in his future company."
Leo is the co-founder and chairman of IT firm SHI International, ...
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