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Cathie Wood Buys Nvidia and Broadcom Dips as AI Demand Surges

Yahoo Finance Read original source (opens in a new tab)
The Story

News Summary

  • Cathie Wood's Ark Invest purchased $27 million in Nvidia and $16.5 million in Broadcom during recent dips.
  • Ark highlights massive ongoing AI infrastructure expansion, robust revenue forecasts, and compelling valuation multiples as catalysts for sustained long-term outperformance for both semiconductor leaders.
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NVDA price history

210.96 +18.92% over the displayed period

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