Peter Thiel Sells Nvidia, Invests Heavily in Microsoft and Apple Shares

Peter Thiel’s recent investment moves have captured the attention of Silicon Valley. In late 2025, his hedge fund, Thiel Macro LLC, made significant adjustments to its portfolio, particularly concerning Nvidia. Regulatory filings show that the fund sold all 537,742 shares of Nvidia, an action valued at over $100 million. This sale accounted for approximately 40% of Thiel Macro’s total portfolio.

Thiel’s Strategic Shift

Alongside the Nvidia divestiture, Thiel’s fund simultaneously acquired notable positions in Microsoft and Apple. Collectively, these trades reduced Thiel Macro’s U.S. equity exposure from $212 million to $74 million.

Significance of Nvidia

Nvidia has played a crucial role in the AI sector, powering various major models used for training. Recently, it became the world’s most valuable company, reaching a market cap of $5 trillion in October. Despite its growth, Nvidia faces rising concerns about an AI bubble. Reports of circular deals between Nvidia and numerous AI startups have prompted skepticism regarding the sustainability of its stock values.

• Nvidia’s involvement in multiple circular deals with companies like OpenAI and CoreWeave raises concerns.
• Many question how much higher Nvidia’s stock can rise given its current valuation and market dynamics.

Shifting Focus to Microsoft and Apple

In contrast to Nvidia’s concentrated AI focus, Microsoft and Apple represent a diversified approach to incorporating AI into their business models. The investments in these companies totaled around $45 million, and many view Thiel’s decisions as a cautious bet against the AI bubble.

Microsoft has integrated AI extensively across its platforms, such as Office and Azure. This integration has positioned it as a key beneficiary of its partnership with OpenAI. Apple, with over 2 billion active devices, boasts a services division that recently achieved record quarterly revenue. Their extensive distribution networks give them a significant advantage over chipmakers like Nvidia.

Future of AI Investments

While Nvidia’s future relies heavily on AI chip demand, Microsoft and Apple have more robust business models. Both tech giants provide opportunities for growth beyond AI, reducing their risks if the AI market declines. Thiel’s strategic realignment reflects his belief in the enduring value of technology, yet he remains cautious about the current AI investment landscape.

Thiel has described the AI market as “extremely bubbly” and has suggested that its evolution may parallel the dotcom crash, indicating that investors should approach it with caution. His recent moves highlight a notable shift in his investment philosophy and point towards a more diversified technology approach.