**Billionaire Investor Peter Thiel Sells All NVIDIA Shares Valued at Nearly $100 Million**
Billionaire investor Peter Thiel has sold all his NVIDIA shares, valued at close to $100 million, according to recent SEC filings covering the period from July to September. This major divestment comes amid surging tech valuations driven by the ongoing AI boom, raising questions about potential market adjustments.
**Thiel’s $100 Million NVIDIA Exit Raises Tech Bubble Concerns**
Between July and September, Thiel sold approximately 537,742 shares in NVIDIA, totaling nearly $100 million. He also significantly reduced his holdings in Tesla while acquiring new stakes in Apple and Microsoft. Additionally, investment giant Bridgewater Associates trimmed its NVIDIA holdings, further highlighting a sense of caution among major investors.
This wave of divestments signals a shift in the investment landscape, likely influenced by soaring tech valuations and escalating concerns about a potential bubble. Thiel’s moves suggest a strategic reallocation of assets, prompting industry observers to question the sustainability of current market trends.
No public statement has been made regarding Thiel’s divestments from both NVIDIA and Tesla.
**Historical Precedents and Market Analysis Post-Divestment**
Did you know? Back in 2020, SoftBank notably reduced its stakes in major tech firms, triggering temporary market corrections. Such historical divestments can often precede broader shifts in market sentiment, much like the effects of Thiel’s recent actions.
**Spotlight on Artificial Superintelligence Alliance (FET)**
According to CoinMarketCap, the Artificial Superintelligence Alliance (FET) is currently trading at $0.28, with a market capitalization of $655.50 million. The trading volume has decreased by 12.26%, while prices have dropped 2.72% over the past 24 hours. Notably, FET has experienced a significant dip of over 58% in the last 60 to 90 days.
**Conclusion**
Thiel’s high-profile divestments, along with similar moves from other institutional investors, reflect an evolving climate of caution in the tech sector. As valuations remain high and market sentiment reacts to these changes, the investment strategies of prominent figures like Thiel serve as key signals for future market direction.
https://bitcoinethereumnews.com/tech/peter-thiel-divests-nvidia-stake-in-ai-boom/
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