---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/100000000886669.md"
description: "$NVIDIA(NVDA.US)Context: Cathie Wood&#39;s ARK Invest trimmed its stake in AMD, the chipmaker that is Nvidia&#39;s rival in the race to build artificial intelligence chips and data center processors. On Aug. 28, ARK sold 156,286 shares of AMD for approximately $72.8 million at the closing price on that day. Meanwhile, the company bought 243,707 Nvidia shares for over $53 million. The linked transactions make the move more remarkable.Meanwhile, Nvidia has also officially announced the acquisition of Hugging Face, sending the stock up 2%.My Trade: I&#39;m looking at a $210 to $240 range for swing trades. Recent key support and resistance levels are slightly elevated following strong earnings and Nvidia&#39;s strategic acquisition moves. Takeaway: ARK seems to be doubling down on AI infrastructure. Instead, the firm is parking money between chipmakers as investors assess Nvidia&#39;s commanding position against AMD&#39;s ability to get more share in accelerators and server CPUs. @Captain&#39;s Treasure"
datetime: "2026-09-04T14:40:57.000Z"
locales:
  - [en](https://longbridge.com/en/topics/100000000886669.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/100000000886669.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/100000000886669.md)
author: "[NewUser_oPJWOU](https://longbridge.com/en/profiles/18172005.md)"
generator: "portal-rs"
---

# $NVIDIA(NVDA.US)Context: Cathie Wood&#39;s ARK Inv…


### Related Stocks

- [NVDA.US](https://longbridge.com/en/quote/NVDA.US.md)
- [AMD.US](https://longbridge.com/en/quote/AMD.US.md)
- [NVD.DE](https://longbridge.com/en/quote/NVD.DE.md)

---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**