Peter Thiel attends the annual Allen and Co. Sun Valley Media Conference in Sun Valley, Idaho, U.S., July 6, 2022. REUTERS/Brendan McDermid
(Reuters) -Tech billionaire Peter Thiel's hedge fund has sold off its entire stake in Nvidia during the third quarter, a regulatory filing showed, intensifying worries of an artificial intelligence bubble.
The fund, Thiel Macro, sold around 537,742 shares in the AI chip frontrunner in the quarter, the filing showed on Friday. The stake would have been worth around $100 million, as of the company's closing price on September 30.
