Just when you thought the tech world couldn’t get any spicier, Peter Thiel has pulled the ultimate tech investor power move.

In a jaw-dropping financial plot twist, the notorious venture capitalist and PayPal co-founder has completely dumped his entire Nvidia stake, walking away from approximately $100 million worth of AI chip gold. Talk about a dramatic exit strategy.

The AI Investment Rollercoaster

Thiel’s fund, aptly named Thiel Macro LLC, has essentially ghosted Nvidia faster than a Gen Z dating app user. This strategic move comes at a moment when Nvidia has become the world’s most valuable company, riding the wild AI investment wave that’s sweeping Silicon Valley.

Follow the Smart Money

He’s not alone in this tech exodus. Other heavy hitters like SoftBank have also been selling off Nvidia shares, suggesting that maybe - just maybe - we’re looking at the early signs of an AI investment bubble. Michael Burry, famous for his 2008 housing market prediction, is even betting against tech giants like Nvidia and Palantir.

The Bigger Picture

While Thiel might be stepping back from Nvidia, he’s not abandoning the AI game entirely. He’s still got his fingers in several AI pies, including backing startups like Substrate and Mercor. It’s less of a goodbye and more of a strategic repositioning in the ever-evolving tech landscape.

Stay tuned, tech enthusiasts - this story is far from over.