Yahoo Finance·2025-11-20 23:18Core Insights - Peter Thiel's hedge fund, Thiel Macro LLC, sold its entire stake in NVIDIA Corp., approximately 537,742 shares valued at around $100 million, and significantly reduced its position in Tesla Inc. by approximately 76% [2][6] - The moves by Thiel's fund have raised concerns about a potential rotation out of technology stocks, particularly amidst growing whispers of an AI bubble [3][4] - Thiel has expressed that the hype surrounding AI is outpacing the financial value of companies, drawing parallels to the dot-com boom and bust [5] Company Actions - Thiel Macro LLC completely divested from NVIDIA, indicating a strategic shift as the company reported strong earnings and high demand for its GPUs [2][6] - The fund reduced its Tesla stake from $212 million to $74.4 million, reflecting a significant decrease in confidence in the electric vehicle market [2] Market Context - Concerns about an AI bubble have intensified, with analysts questioning the sustainability of high valuations in the tech sector [4][5] - The current market sentiment suggests that investors should be cautious about overstating near-term financial returns from AI technologies [5][6]