By Adam Spatacco
Publication Date: 2026-01-10 17:00:00
Key Points
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During the third quarter, Peter Thiel’s hedge fund sold out of Nvidia and initiated a position in Apple.
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Apple’s growth has been sluggish throughout the artificial intelligence (AI) revolution, especially compared to Nvidia.
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Nvidia is cheaper than Apple based on valuation metrics, but that doesn’t necessarily make it the safer buy right now.
- 10 stocks we like better than Nvidia ›
Peter Thiel is one of the most iconic Silicon Valley investors. The entrepreneur’s first claim to fame was serving as a co-founder of PayPal with none other than the then-unknown Elon Musk.
After minting a fortune through his PayPal ownership, Thiel moved into a professional investor role. Perhaps his most lucrative opportunities came from being the first outside capital invested in Facebook (now Meta Platforms) as well as co-founding data analytics specialist Palantir Technologies.
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Today, the tech savant manages capital through a hedge fund, called Thiel Macro. According to the fund’s most recent 13F filing, Thiel completely exited his position in Nvidia (NASDAQ: NVDA) during the third quarter — selling 537,742 shares.
Interestingly, Thiel swapped his exposure to the most influential player in the artificial intelligence (AI) arena for a stake in Apple (NASDAQ: AAPL) — a stock…
