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News  ›  Benzinga

Peter Thiel Dumps Entire Nvidia Stake, Slashes Tesla Holdings Amid Growing AI Bubble Fear, Shifts Billions Toward These 2 Mag 7 Stocks

Benzinga Logo Benzinga By Namrata Sen
Peter Thiel Dumps Entire Nvidia Stake, Slashes Tesla Holdings Amid Growing AI Bubble Fear, Shifts Billions Toward These 2 Mag 7 Stocks

Billionaire Peter Thiel has sold his entire Nvidia stake and significantly reduced Tesla holdings, shifting investments towards Apple and Microsoft amid growing concerns about an AI investment bubble.

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NVDA   negative

Thiel completely sold his entire Nvidia stake, suggesting concerns about potential AI market overvaluation and concentration of profits