ARK Buys $63M Nvidia as NVDA Surges 6.3% to $224 on PC AI Chip

On June 2, 2026, Nvidia shares jumped 6.3% to $224.36 after ARK Invest disclosed buying 300,017 NVDA shares for $63.3 million while selling 110,207 AMD shares for $56.9 million. The trades, ARK’s largest of the day across ARKK, ARKW and ARKF, followed Nvidia’s launch of its new Vera CPU for Windows PCs and reinforced bullish momentum. ARKK still holds a larger $362.1 million AMD position versus $125.7 million in Nvidia, yet the rotation signals continued institutional appetite for NVDA amid 85% revenue growth and a 55.7% net margin.