Peter Thiel sells entire Nvidia stake despite AI bubble fears

Peter Thiel has sold his entire stake in Nvidia, according to recent regulatory filings.

Thiel Macro LLC, the billionaire’s investment fund, sold all 537,742 Nvidia shares it held in Q3, which made up 40% of its portfolio.

The fund also exited its position in US energy company Vista Corp, selling 208,747 shares.

Thiel Macro’s equity holdings dropped to US$74.4 million, down from US$212 million in the previous quarter.

Tesla now represents nearly 39% of the fund’s portfolio.

Nvidia became the world’s first US$5 trillion company in October, and its stock is up about 36% over the past year.

There have been concerns about a possible AI-driven bubble in technology stocks, and recent deals—such as a US$10 billion agreement between Nvidia and OpenAI—have drawn scrutiny.

🔗 Source: The Economic Times

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