BlockBeats news, on November 17, billionaire Peter Thiel has completely sold off his stake in AI giant Nvidia, with related documents disclosed over the weekend. Currently, as tech valuations are being driven up by the AI boom, concerns about a bubble are intensifying. Documents show that Peter Thiel sold approximately 537,742 shares of Nvidia between July and September, with the 13F form submitted by his fund Thiel Macro indicating that as of September 30, he no longer holds any Nvidia shares. According to foreign media estimates based on Nvidia's average stock price from July to September, the sale of these stocks amounts to nearly 100 million dollars. The specific reasons behind Thiel's sale of Nvidia shares remain unclear. He has long been hailed as an angel of Silicon Valley and the 'godfather of venture capital,' a thinker in the investment community. Peter Thiel also significantly reduced his stake in Tesla (TSL) from 272,613 shares to 65,000 shares, while buying 79,181 shares of Apple (AAPL.O) and 49,000 shares of Microsoft (MSFT.O). Notably, as previously announced, Bridgewater Associates also significantly reduced its holdings in Nvidia in the third quarter.
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Peter Thiel has closed all positions in Nvidia in Q3.
BlockBeats news, on November 17, billionaire Peter Thiel has completely sold off his stake in AI giant Nvidia, with related documents disclosed over the weekend. Currently, as tech valuations are being driven up by the AI boom, concerns about a bubble are intensifying. Documents show that Peter Thiel sold approximately 537,742 shares of Nvidia between July and September, with the 13F form submitted by his fund Thiel Macro indicating that as of September 30, he no longer holds any Nvidia shares. According to foreign media estimates based on Nvidia's average stock price from July to September, the sale of these stocks amounts to nearly 100 million dollars. The specific reasons behind Thiel's sale of Nvidia shares remain unclear. He has long been hailed as an angel of Silicon Valley and the 'godfather of venture capital,' a thinker in the investment community. Peter Thiel also significantly reduced his stake in Tesla (TSL) from 272,613 shares to 65,000 shares, while buying 79,181 shares of Apple (AAPL.O) and 49,000 shares of Microsoft (MSFT.O). Notably, as previously announced, Bridgewater Associates also significantly reduced its holdings in Nvidia in the third quarter.