Peter Thiel’s hedge fund, Thiel Macro LLC, has sold its entire stake in Nvidia Corp. ($NVDA) just before the company’s next earnings report. The fund offloaded 537,742 shares of Nvidia, valued at around $100 million as of September 30. Other top holdings for Thiel Macro now include Apple ($AAPL) and Microsoft ($MSFT), with a reduced stake in Tesla ($TSLA). This move comes amidst concerns of an AI investment bubble, with investors like Michael Burry and SoftBank’s Masayoshi Son also exiting Nvidia positions. Nvidia is set to report earnings this Wednesday, with shares up 2% since September but down slightly in pre-market trading today.

Read more at Quiver Quantitative: Peter Thiel’s Hedge Fund Exits $100 Million Nvidia Stake