Core Insights - Billionaire investor Peter Thiel has completely exited his Nvidia position, selling 537,742 shares valued at over $100 million, marking a significant repositioning for Thiel Macro LLC [1] - The liquidation reduced Thiel Macro's U.S. equity exposure from $212 million to $74.4 million, indicating a broad risk reduction strategy [2] - Nvidia previously represented 40% of Thiel Macro's holdings, making this exit a notable strategic shift [2] Investment Trends - Thiel's exit aligns with a trend among high-profile investors taking profits from Nvidia after its stock surged over 150% year-to-date, driven by strong demand for AI products [3] - Other notable investors, such as Michael Burry and SoftBank, have also reduced their positions in Nvidia, suggesting a cautious outlook among institutional investors [4] - The timing of Thiel's exit comes just before Nvidia's Q3 2025 earnings report, with analysts projecting revenues between $50 billion and $60 billion due to growing demand for AI infrastructure [5] Market Sentiment - The exits by major investors indicate a perception of Nvidia's rapid stock appreciation as a potential short-term overheating risk [6]