Nvidia Stock Is in for Cathie Wood's ARK and This AI Play Is Out

The article says Nvidia remains a favored AI-chip name for Cathie Wood’s ARK Invest, even as the stock dipped modestly and the broader semiconductor sector faced headwinds. ARK reportedly bought Nvidia shares while trimming Advanced Micro Devices, highlighting continued preference for Nvidia over AMD in the AI hardware trade. A separate Barron’s market roundup also noted that AI-related stocks were still attracting buying even as U.S. stocks fell and the market entered a quieter stretch. Overall, the piece points to persistent investor interest in Nvidia despite short-term sector pressure, while signaling a weakening of the broader “long chips/short software” AI pair trade that had worked for much of 2026.