Cathie Wood’s Ark Invest buys tech dip led by NVDA, AVGO, GOOG, META, dumps AMD

Cathie Wood’s ARK Invest increased exposure to several AI and growth names during the recent tech selloff, buying the dip in Nvidia, Broadcom, Google, and Meta while cutting back on AMD. The move signals continued conviction in AI infrastructure and internet platform winners, even as the sector experienced weakness. ARK also added to some crypto- and China-linked holdings, including Alibaba and Pony AI, while trimming aerospace, semiconductors, genomics, and Baidu. The article frames the trades as tactical reallocations within ARK’s innovation-focused ETFs rather than a broad shift in strategy. Market impact is centered on investor sentiment around AI leaders: selective buying in NVDA and peers suggests long-term optimism despite near-term volatility, while the AMD reduction indicates more cautious positioning in parts of the semiconductor trade.