--- title: "\"Hope to soothe the tense market,\" Tesla billionaire increases stake in NVIDIA" type: "News" locale: "en" url: "https://longbridge.com/en/news/278364097.md" description: "Chinese billionaire Leo KoGuan bought another 1 million shares of NVIDIA on Saturday amid a global asset sell-off triggered by the US-Iran conflict, bringing his total holdings to 2 million shares. For years, he has almost entirely focused on Tesla stock. He stated, \"I hope this move can contribute a little to calming the tense market.\"" datetime: "2026-03-09T09:27:11.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/278364097.md) - [en](https://longbridge.com/en/news/278364097.md) - [zh-HK](https://longbridge.com/zh-HK/news/278364097.md) --- > Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/278364097.md) | [繁體中文](https://longbridge.com/zh-HK/news/278364097.md) # "Hope to soothe the tense market," Tesla billionaire increases stake in NVIDIA As the situation in the Middle East triggers a global asset sell-off, Chinese billionaire Leo KoGuan has doubled his holdings in NVIDIA, demonstrating his confidence in the market through action. On Saturday morning, KoGuan posted on platform X, stating, "As promised, I bought another 1 million shares of NVIDIA today." In the previous days, he had announced the completion of his initial position. Thus, **his total holdings in NVIDIA have reached 2 million shares**, with an estimated total investment of approximately $350 million based on recent closing prices. This acquisition of NVIDIA is a milestone in KoGuan's personal investment portfolio. According to the Bloomberg Billionaires Index, **his net worth is approximately $13.4 billion, and for many years it has been almost entirely concentrated in Tesla stock.** Although the $350 million investment in NVIDIA represents a limited proportion of his overall wealth, it signifies a shift in his asset allocation strategy. The timing of this increase in holdings is particularly noteworthy. Since the U.S.-Iran conflict, global stock markets have been under pressure, with both bonds and stocks facing sell-offs. NVIDIA has dropped approximately 6% this year, while Tesla's decline is close to 10%, in contrast to the S&P 500 index, which has fallen by less than 2%. KoGuan expressed, **"I hope to contribute a little to calming the tense market, and I wish everyone good luck."** ### Related Stocks - [NVIDIA Corporation (NVDA.US)](https://longbridge.com/en/quote/NVDA.US.md) - [GraniteShares 1.25x Long Tsla Daily ETF (TSL.US)](https://longbridge.com/en/quote/TSL.US.md) - [Tesla, Inc. (TSLA.US)](https://longbridge.com/en/quote/TSLA.US.md) - [Direxion Daily NVDA Bull 2X Shares (NVDU.US)](https://longbridge.com/en/quote/NVDU.US.md) - [GraniteShares 2x Long NVDA Daily ETF (NVDL.US)](https://longbridge.com/en/quote/NVDL.US.md) - [Simplify Volt TSLA Revolution ETF (TESL.US)](https://longbridge.com/en/quote/TESL.US.md) - [Direxion Daily TSLA Bull 2X Shares (TSLL.US)](https://longbridge.com/en/quote/TSLL.US.md) - [Direxion Daily Semicondct Bull 3X ETF (SOXL.US)](https://longbridge.com/en/quote/SOXL.US.md) - [Leverage Shares 2X Long TSLA Daily ETF (TSLG.US)](https://longbridge.com/en/quote/TSLG.US.md) - [T-REX 2X Long Tesla Daily Target ETF (TSLT.US)](https://longbridge.com/en/quote/TSLT.US.md) - [Invesco Semiconductors ETF (PSI.US)](https://longbridge.com/en/quote/PSI.US.md) - [State Street® SPDR® S&P® Smcndctr ETF (XSD.US)](https://longbridge.com/en/quote/XSD.US.md) - [YieldMax NVDA Option Income Strategy ETF (NVDY.US)](https://longbridge.com/en/quote/NVDY.US.md) - [VanEck Semiconductor ETF (SMH.US)](https://longbridge.com/en/quote/SMH.US.md) - [T-REX 2X Long NVIDIA Daily Target ETF (NVDX.US)](https://longbridge.com/en/quote/NVDX.US.md) - [iShares Semiconductor ETF (SOXX.US)](https://longbridge.com/en/quote/SOXX.US.md) - [GraniteShares 2x Long TSLA Daily ETF (TSLR.US)](https://longbridge.com/en/quote/TSLR.US.md) - [XL2CSOPNVDA (07788.HK)](https://longbridge.com/en/quote/07788.HK.md) - [XI2CSOPNVDA (07388.HK)](https://longbridge.com/en/quote/07388.HK.md) - [Direxion Daily NVDA Bear 1X ETF (NVDD.US)](https://longbridge.com/en/quote/NVDD.US.md) - [T-REX 2X Inverse NVIDIA Daily Target ETF (NVDQ.US)](https://longbridge.com/en/quote/NVDQ.US.md) ## Related News & Research - [Foxconn says Iran conflict having limited impact so far](https://longbridge.com/en/news/278019227.md) - [Slate Auto changes CEO months ahead of affordable EV launch](https://longbridge.com/en/news/278421530.md) - [Tesla adds new Supercharger locations in BC, Alberta, and Ontario in March 2026 map update](https://longbridge.com/en/news/278132927.md) - [Tesla issues Service Bulletin to replace squeaky front brakes on Giga Berlin Model Y](https://longbridge.com/en/news/277665915.md) - [Nvidia Draws $350 Million Bet as Tesla Billionaire Doubles Stake to 2 Million Shares](https://longbridge.com/en/news/278425693.md)