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What Peter Thiel’s dumping of Nvidia stock for Apple and Microsoft says about the AI race

Thiel Macro cut U.S. equities by over 65%, shifting from Nvidia to Apple and Microsoft amid concerns about an AI bubble and circular chip deals, filings show.

Summary by Fortune
If the AI trade doesn’t fully pay off, some of today’s highly valued companies could disappoint investors.

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Fortune broke the news in New York, United States on Tuesday, March 10, 2026.
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