Peter Thiel liquidates NVIDIA! The positions of his funds dropped by two-thirds, turning to these three tech stocks.

Peter Thiel's latest 13F report shows that this pro-Republican Silicon Valley heavyweight investor and co-founder of PayPal and Palantir has completely sold off his holdings in NVIDIA. His fund's U.S. stock positions have also plummeted from $212 million to $74.4 million, focusing on holding only Microsoft, APPLE, and Tesla stocks.

Peter Thiel chooses to liquidate NVIDIA, having previously warned that artificial intelligence is overhyped.

Recently, Nvidia's market value surpassed $5 trillion, but Peter Thiel's Thiel Macro LLC chose to completely sell its holdings. Last quarter, Nvidia was still the second largest position in Thiel Macro's portfolio, second only to Tesla. Peter Thiel has warned that the hype surrounding artificial intelligence far exceeds its actual economic benefits, and his investment portfolio adjustments in the third quarter align with this view, which can be said to be a unity of knowledge and action.

13F Report: Peter Thiel's hedge fund holds Microsoft, Tesla, and Apple.

Thiel Macro had approximately $212 million in US stock assets in the second quarter, primarily distributed among Tesla, NVDIA, and VISTRA. The latest report reveals that the long positions held in US stocks for the third quarter have dropped to only $74.4 million, which is just one-third of the original amount. Currently, Thiel Macro's holdings are concentrated in three tech stocks: Microsoft, Tesla, and Apple.

This article discusses Peter Thiel's sell-off of Nvidia! His fund's position has decreased by two-thirds, and he has turned to these three tech stocks. This was first reported by Chain News ABMedia.