Cathie Wood Goes Bargain Hunting: 1 “Magnificent Seven” Artificial Intelligence (AI) Stock She Just Couldn’t Pass Up During the Nasdaq Sell-Off

From Nasdaq.: 2025-04-12 16:18:00

Cathie Wood, CEO and CIO of Ark Invest, recently increased her stake in Nvidia, a semiconductor giant. Despite previously selling Nvidia shares, Wood bought 341,000 more shares, doubling Ark’s position in the company. Wood’s move comes as Nvidia’s stock price has fallen by 24% due to various factors like competition and geopolitical uncertainties. The data center industry’s growth and Nvidia’s AI chip market share make the stock appealing at a historically cheap valuation. Wood’s decision signals a potential opportunity for patient investors with a long-term outlook in mind.



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