Peter Thiel dumps top AI stock, stirring bubble fears

Billionaire Peter Thiel’s latest 13F didn’t show off a mere trim, but a full-blown exit from AI bellwether Nvidia (NVDA). It comes at a surprising point when Wall Street’s been busy declaring the chipmaker as virtually untouchable. Although Nvidia recently surpassed a $5 trillion valuation, Thiel walked away completely, shrinking his fund’s equity book by roughly two-thirds while building it around three megacap names. That’s far from being a rebalance and more of an emphatic statement. Thiel had previ ...