Cathie Wood Just Went Bargain Hunting. Here Are the 3 AI Stocks She Bought.

Cathie Wood's Ark Invest made significant bargain purchases in late August across multiple artificial intelligence semiconductor companies, including Nvidia, Broadcom, and startup Cerebras Systems. Ark Invest bought approximately $55 million worth of Nvidia shares across five exchange-traded funds, reinforcing Nvidia as the firm's largest chip holding. The move comes as Ark projects global AI spending to expand from $500 billion in 2025 to approximately $1.5 trillion by 2030. Despite growing competition from custom silicon like Google's TPUs and Amazon's Trainium, Ark expects Nvidia's GPUs to retain dominant market share in AI servers through 2030. Nvidia's expanding non-hyperscaler revenue, which jumped 138% year-over-year to $40 billion last quarter, demonstrates healthy diversification across enterprise and AI cloud markets. Additionally, Ark bought $41 million in Broadcom and $26 million in Cerebras Systems to capture alternative architecture growth, positioning the portfolio to benefit from broad AI infrastructure expansion.