$NVDAon – Leo KoGuan spends about $180M on 1M shares, adding confidence to the AI narrative

Leo KoGuan said he bought 1 million NVDA shares on March 3, 2026, worth roughly $180M based on the close near $180.05 per share, and disclosed the purchase on X shortly after.
He also said he plans to buy another 1 million shares to “show support to a nervous market,” arguing that AI is “not a bubble” and that this cycle is only getting started.
The timing stands out because NVDA has been re-priced amid cooler AI expectations, down about 4% year-to-date in 2026, so a high-profile whale buy can lift short-term sentiment.
Still, this is more of a sentiment signal than a trend guarantee, and price action will ultimately depend on broader AI flows, market risk appetite, and upcoming earnings expectations.