Overview
- SEC disclosures show Peter Thiel’s hedge fund sold its entire 537,742‑share Nvidia position worth roughly $100 million, shortly after SoftBank raised about $5.83 billion by unloading its stake in October.
- European equities fell sharply as AI worries intensified, with Milan down about 2.1–2.3%, Paris off ~1.8% and Frankfurt ~1.6%, while Nvidia shares slipped roughly 1.9% ahead of earnings.
- Analysts expect Nvidia revenue near $55 billion with the data‑center segment around $49.5 billion, a figure seen as the key gauge of whether hyperscalers’ AI spending can sustain recent growth.
- Alphabet CEO Sundar Pichai cautioned that if an AI bubble bursts no company would be immune, and the ECB’s Luis de Guindos warned that heavy market concentration in a few U.S. tech firms poses shock‑transmission risks.
- Despite the nerves, large checks keep flowing into AI, with Nvidia and Microsoft committing about $15 billion to Anthropic as surveys show fund managers remain bullish on big tech even as they cite an AI bubble as the top risk.