By Stefon Walters
Publication Date: 2026-01-19 06:38:00
This blue-chip staple is still a great long-term investment.
Peter Thiel became wealthy by co-founding PayPal, but he’s now best known as the co-founder of Palantir, one of the hottest stocks on the market over the past year or so. Like many other billionaire investors, Thiel’s portfolio moves (via his current hedge fund, Thiel Macro) attract plenty of eyeballs, as people look to him for insights about where the market may be heading.
During the third quarter, Thiel Macro made three noteworthy moves:
- Selling its entire stake in Nvidia (NVDA 0.29%).
- Selling 76% of its Tesla (TSLA 0.24%) stake.
- Opening a position in Microsoft (MSFT +0.77%).
In other words, he walked away from some of the hottest names in artificial intelligence (AI) and moved into one of tech’s long-term staples.
Image source: Getty Images.
Why would Thiel Macro sell Nvidia and Tesla?
Nvidia decisively reclaimed the title of world’s most valuable company in 2025 as demand for its GPUs and other networking hardware took off amid the current AI boom. Just as AI was scaling, Nvidia had a virtual monopoly on the parallel processors that AI workloads require.
Thiel Macro first began purchasing Nvidia shares in late 2024, so it made a decent amount of money from that investment. Maybe the sale reflected his desire to lock in those profits while the company was trading at a high valuation — with a price-to-earnings (P/E) ratio of around 46.4.
Though it trimmed its Tesla stake substantially, the electric…
