Author Topic: Peter Thiel just dumped all his Nvidia stock  (Read 60 times)

https://www.reuters.com/business/media-telecom/peter-thiels-fund-offloaded-nvidia-stake-third-quarter-filing-shows-2025-11-17/

Yeah so the guy in charge of Palantir, working with the current administration to undermine the current surveilence state in favor of privitized data ownership, working under the "Dark Enlightenment" philosphy put forth by Curtis Yarvin that advocates for economically dismanteling the US to turn it into a series of company towns owned by big tech billionaires, was heavily invested in Nvidia as part of the current AI bubble. Well he's been kinda losing his stuff and has been posting things about how he thinks he's probably going to have to flee the US soon.

Anyways, he just pulled out of Nvidia, the once-graphics card manufacturer-turned AI chip mogul.

https://www.wsj.com/livecoverage/stock-market-today-dow-sp-500-nasdaq-11-18-2025?gaa_at=eafs&gaa_n=AWEtsqcCdiuRNsaI-zv8EZvcq0WOkoO5NcCneRpkV5-H8wfQsXqY5GuE3iSMl0mf_pw%3D&gaa_ts=691d36cc&gaa_sig=G1H1TbjpCNt2JXTNNLnBYvuCLrkCaAINYX6AUoiT-fOl8RcRbst3sOzpqqP_yvmWMdqO4DVgMgbL6NUZO8We1A%3D%3D

Well looks like we are about to undergo a bubble worse than the dot-com bust back in the 90s because a bunch of stuffheads had overvalued the usefullness of AI and its supposed value despite being shoehorned into everything from cars to fridges for no appearant reason whatsoever.

https://arstechnica.com/ai/2025/11/googles-sundar-pichai-warns-of-irrationality-in-trillion-dollar-ai-investment-boom/

We're likely to see the entire market drop several trillion within the next few months.

Oops

As soon as I found out how heavily invested in AI the entire economy is, I understood everything. Even the people pushing for AI know it's useless garbage, but at this point we're in too deep and the world will be cast into chaos if we stop now. Looks like we're getting John McAfee 2 lol