Cathie Wood Invests $67 Million in Nvidia Amid AI Sector Optimism

Cathie Wood's ARK Investment Management has purchased approximately $66 million worth of Nvidia stock, signaling renewed confidence in the artificial intelligence sector. This move comes as her flagship Ark Innovation ETF (ARKK) underperforms compared to the S&P 500 this year but outpaced it significantly in 2025.

By Silin Chen · TheStreet · June 2, 2026, 22:12 UTC

Tickers: $ARKK $NVDA

Topics: AI stocks ARKK Cathie Wood Nvidia (NVDA)

Read the full article at TheStreet

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