By Adam Spatacco
Publication Date: 2026-01-10 17:00:00
Key Points
During the third quarter, Peter Thiel’s hedge fund sold out of Nvidia and initiated a position in Apple.
Apple’s growth has been sluggish throughout the artificial intelligence (AI) revolution, especially compared to Nvidia.
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…
