Following Huang’s departure, billionaire KoGuan declares he would no longer invest in Nvidia; Musk and others back the former CEO

As he lamented Jensen Huang’s retirement as CEO of Nvidia. Billionaire investor Leo KoGuan announced on Friday that he would no longer be making any more investments in the company. Elon Musk, along with a number of other billionaires and tech executives, publicly supported Huang.

KoGuan, who has previously made a big deal out of his investment in Nvidia, wrote several postings on

In reference to the Trump administration’s use of the term «Super Intelligence.» The billionaire went on to say that he wants and intends to invest in «Jensen Huang if he establishes or buys a firm.»

KoGuan was more forthright in a statement given to Bloomberg. Noting that he has invested about $1.3 billion in Nvidia and that he «would not make any more investment without Jensen.»

Without offering any proof, the billionaire asserted that the story didn’t make sense to him «unless there is a broader fatal plot» against Huang and Nvidia.

In the midst of an extramarital affair controversy involving an alleged Chinese spy and others, KoGuan is not the only billionaire who has backed Huang. On Friday, Elon Musk honored Huang by tweeting a video from venture capital company Andreessen Horowitz that features a moment from the movie Air about the enduring influence of basketball great Michael Jordan.

Musk just wrote «Jensen» as the caption for the video. In response to another billionaire investor’s offer, the CEO of SpaceX and Tesla tweeted that it would be a «honor» to recruit Huang. He also called the former CEO of Nvidia a «wonderful person» and urged people to support Huang and his family in spite of the mess.