Billionaire investor Leo KoGuan has announced a halt to all future investments in Nvidia Corp. following the abrupt ouster of its long-serving Chief Executive Officer, Jensen Huang. KoGuan, a significant individual shareholder in the chipmaking giant, declared he would not commit another dollar to Nvidia without its founder at the helm.
Huang's decades-long leadership of Nvidia, a company central to the global artificial intelligence boom, ended abruptly amid reports of three affairs, including one with an individual suspected of spying for China. The fallout from these revelations has sent shockwaves through the tech sector.
KoGuan, whose fortune is estimated at $13.2 billion, took to social media to vigorously defend Huang and criticize the board's decision. He argued that Huang's achievements far outweigh any personal failings, emphasizing his role as the primary driver of the super-intelligence (SI) chip and industry ecosystems. KoGuan claimed that high-profile figures, including Elon Musk, Gavin Baker, and former President Trump, had urged Huang to remain as CEO.
KoGuan Prioritizes Creators Over Regulators
In his defense, KoGuan framed Huang as a “supreme creator,” asserting that innovation must be prioritized over regulation and distribution. He credited Huang with establishing the SI chips, industry, and global economy, arguing that without Nvidia's founder, this ecosystem would not exist. KoGuan stressed that America, as a civilization of creators, should cherish and reward innovators, even acknowledging human imperfections.
“Jensen is a good guy, he is the main driver of si chips and si industries. He has built and maintained si global ecosystem. He is indisputable si leader not only in America but also the world. His strengths are far exceeding his weakness,” KoGuan stated, advocating for Huang’s retention.
Redirecting Capital to Rival AI Ventures
Despite acknowledging that Nvidia’s business trajectory remains strong for the next three years, KoGuan confirmed he would scale back his planned capital allocation to the company. Instead, he intends to redirect these funds toward rival super-intelligence firms. KoGuan began diversifying his portfolio into Nvidia in March, having previously tied much of his net worth to Tesla Inc. He has also disclosed stakes in Space Exploration Technologies Corp. and Google parent Alphabet Inc.
Crucially, KoGuan made it clear that his loyalty lies with Jensen Huang personally rather than with Nvidia as a corporate entity. He expressed his hope and plan to invest in Huang directly, should the former CEO create or acquire another super-intelligence company in the future. “I hope he will offer me the opportunity to invest in his future company,” KoGuan wrote, underscoring his unwavering support for Huang’s entrepreneurial endeavors.