Cathie Wood Invests in Mega-Cap AI
This is a China news story, published by Yahoo Finance, that relates primarily to Nvidia news.
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Technology
Cathie Wood buys $15 million of tumbling Nvidia stock

79% Informative
Cathie Wood’s flagship fund, the Ark Innovation ETF (ARKK) is down 29.7% year-to-date as of April 8 , while the S&P 500 and the Nasdaq Composite lost 15.3% and 19.4% during the same period.
Wood's flagship fund has wiped out the post-election gains since last November .
The chipmaker's stock sank nearly 20% in Q1 2025 , weighed down by the rollout of China 's cheap AI model, DeepSeek.
HSBC downgraded Nvidia ’s stock to hold from buy with a price target of $ 120 , down from $ 175 .
Bank of America analysts named Nvidia , alongside Broadcom, Lam Research , and Cadence Design Systems as the firm's top semiconductor picks after the tariffs.
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