Catenaa, Monday, November 17, 2025- Peter Thiel hedge fund, Thiel Macro, has sold off its holdings in Nvidia during the third quarter, marking another retreat from the leading provider of AI chips.
The fund offloaded its entire position of 537,742 shares in the world’s premier AI chipmaker, which would have been worth about $100 million based on the closing price from September 30.
The Thiel Macro fund now counts Apple, Microsoft, and a reduced stake in Tesla as its main bets, according to a 13F filing.
Thiel’s move comes at a time of rising concerns about an AI investment bubble, which turned Nvidia into the world’s most valuable company.
Hedge fund manager Michael Burry has been perhaps the highest-profile critic, disclosing bearish wagers against Nvidia and Palantir Technologies.
Japan’s SoftBank Group also announced it sold off its shares in Nvidia in October for $5.83 billion, largely to help finance other AI investments.
Thiel has been less bullish on AI development than SoftBank founder Masayoshi Son, but both men opted to exit their holdings around the time that Nvidia became the first company to breach a $5 trillion valuation.
Nvidia’s shares, which are up just roughly 1% since the end of September, slid about 1.5% on Monday morning.
An analysis of 13F filings from 909 hedge funds found an even split of investor sentiment on the chipmaker: 161 increased their investment positions in Nvidia, while 160 decreased them during the three months to September.
Opinions remain divided about the prospects for AI companies, which continue to raise and spend funds at elevated rates but have yet to demonstrate monetization models that would pay off the lofty investments.
