Cathie Wood Buys The Nvidia Dip Amid Panic Over Stargate Project: Ark Swoops Up $2 Million Worth Of Hot AI Stock

Benzinga

Jul 23, 2025

On Tuesday, Cathie Wood‘s Ark Invest made a notable move by purchasing shares of NVIDIA Corp amid concerns surrounding a significant AI project.

The Nvidia Trade

Ark Invest acquired 11,973 shares of the Jensen Huang-led company through its ARK Space Exploration & Innovation ETF. The purchase was valued at approximately $1.99 million, calculated using NVIDIA’s latest closing price of $167.03. This move comes amidst a backdrop of uncertainty for NVIDIA, as the company’s stock experienced a decline following reports of delays in the Stargate AI venture. The project, a joint effort with SoftBank and OpenAI, has scaled back its near-term goals, raising investor concerns.

Other Key Trades:

Illumina Inc: Ark Invest’s ARKG ETF purchased 31,265 shares.
Guardant Health Inc: Ark Invest’s ARKG ETF sold 68,228 shares.
Komatsu Ltd: Ark Invest’s ARKX ETF sold 63,807 shares.
Rocket Lab USA Inc: Ark Invest’s ARKX ETF sold 43,481 shares.

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