Peter Thiel’s Hedge Fund Exits Nvidia Ahead of Earnings, Joins AI Skepticism Trend
Thiel Macro, the hedge fund led by tech billionaire Peter Thiel, liquidated its entire Nvidia position last quarter—a $100 million stake at September's valuation. The move aligns with SoftBank's recent $5.8 billion divestment, signaling growing institutional caution toward AI-related equities despite Nvidia's chip market dominance.
Market sentiment around AI investments has cooled amid valuation concerns and questions about tangible returns. While Nvidia remains central to accelerated computing, high-profile exits suggest some investors are locking in gains before potential volatility following earnings reports.