Cathie Wood Buys The Nvidia Dip Amid Panic Over Stargate Project: Ark Swoops Up $2 Million Worth Of Hot AI Stock

Benzinga
2025.07.23 02:54
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Cathie Wood's Ark Invest purchased 11,973 shares of NVIDIA Corp for approximately $1.99 million amid concerns over the Stargate AI project delays. This acquisition was made through the ARK Space Exploration & Innovation ETF (ARKX) as NVIDIA's stock faced a decline. Other trades included buying Illumina Inc shares and selling Guardant Health Inc, Komatsu Ltd, and Rocket Lab USA Inc shares. Despite the uncertainty, Nvidia remains a trending investment opportunity according to Benzinga's Edge Stock Rankings.