Skip to main content
TradingNews

Market news

Cathie Wood's Ark Invest Boosts AI Chip Holdings in Nvidia and Broadcom

Motley Fool Read original source (opens in a new tab)
The Story

News Summary

  • Cathie Wood's Ark Invest purchased roughly $55 million of Nvidia and $41 million of Broadcom in late August.
  • The moves reflect Ark's long-term conviction that AI infrastructure spending will surge to $1.5 trillion by 2030, benefiting both market-leading GPU suppliers and custom silicon makers.
Explore AVGO price history & advisor snapshot

These are separate market snapshots and may predate this story. Check the data period, generation time and expiry before using them in your research.

Stored market data

AVGO price history

361.99 -3.69% over the displayed period

Advisor Snapshot

Unlock Member-Only Insights

Reserved for TradingNews24 members. Log in or create a free account to access market signals and exclusive tools.

Open AVGO advisor →
Browse September 2026 news → ← Back to market news

Market analysis for educational use. Trading involves risk. AI sentiment is not financial advice.

Methodology · Risk disclosure