Palantir Billionaire Peter Thiel Sells Nvidia and Buys an AI Stock Up 476,900% Since Its IPO

Hedge fund billionaire Peter Thiel sold his entire stake in Nvidia and started a position in Microsoft during the third quarter.Billionaire Peter Thiel is best known for his role in cofounding Palantir Technologies. But he also runs hedge fund Thiel Macro, which sold its entire stake in Nvidia (NVDA +1.37%) during the third quarter and reinvested the proceeds into Microsoft (MSFT +1.78%), a stock that has advanced 476,900% since its IPO in March 1986.I think Thiel's hedge fund abandoned Nvidia too early, bu ...