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International Business Times UK
International Business Times UK
Business
Tanmay Puri

Billionaire Peter Thiel Sells Entire Nvidia Stake Worth $100M And Invests In Two Tech Giants

Peter Thiel dumps NVIDIA stock and buys Apple and Microsoft (Credit: Wikimedia Commons)

Billionaire investor Peter Thiel has made a notable shift in his technology portfolio by selling his entire stake in Nvidia, a company regarded as the driving force behind the artificial intelligence boom.

The Silicon Valley entrepreneur, best known as a co-founder of PayPal and Palantir Technologies, offloaded hundreds of thousands of Nvidia shares valued at over $100 million through his hedge fund Thiel Macro. The move comes at a time when Nvidia has soared in value and become one of the most influential companies in the global technology sector.

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