Peter Thiel sells Nvidia stake amid AI bubble fears (economictimes.indiatimes.com)

Billionaire Peter Thiel’s Thiel Macro LLC has sold its entire stake in Nvidia — 537,742 shares that made up roughly 40% of the fund — according to 13F filings, trimming the fund’s equity book from $212 million to $74.4 million. The fund also exited a 208,747-share position in Vista Corp (about 19% of the portfolio), leaving Tesla as its largest holding (~39%). The move joins other high-profile exits and bearish bets amid rising talk of an AI-driven tech bubble: Nvidia surged to a $5 trillion market cap last year, is up ~36% over 12 months, and reported a 56% revenue jump to $46.7B (data-center revenue $41.1B), with Q3 FY26 revenue guidance near $54B ±2%. For the AI/ML community this is a cautionary signal about market concentration and valuation-driven dynamics in the hardware supply chain. Concerns include alleged circular financing — notably a reported $10B arrangement where OpenAI would use funds to buy Nvidia GPUs — and macro hedges such as Michael Burry’s put options on ~1M Nvidia shares. Those forces could produce price and supply volatility for GPUs, influence depreciation/accounting practices for large cloud and enterprise buyers, and shift where venture and corporate dollars flow (SoftBank recently sold its Nvidia stake to invest in OpenAI/Stargate). Practitioners and startups should watch hardware procurement costs, contract structures, and funding conditions as these market moves ripple through AI infrastructure and R&D investments.