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News  ›  Investing.com

Peter Thiel Dumps Nvidia and Slashes Tesla Stake—Is the AI Bubble About to Pop?

Investing.com Logo Investing.com By Chris Markoch
Peter Thiel Dumps Nvidia and Slashes Tesla Stake—Is the AI Bubble About to Pop?

Billionaire investor Peter Thiel's hedge fund sold its entire Nvidia stake and significantly reduced its Tesla position, potentially signaling concerns about AI stock valuations and drawing parallels to the dot-com bubble.

Insights
ETHM   positive

Successfully completed a large $201.25 million IPO, indicating strong market interest and potential for future business combinations in energy and digital infrastructure sectors


NVDA   neutral

Thiel sold entire stake of 537,742 shares worth $100 million, suggesting skepticism about current valuations, despite strong recent earnings and GPU demand