Cathie Wood’s ARK buys $40M in Nvidia, Tesla, SpaceX during AI selloff - eciks.org

On July 28, 2026, Cathie Wood’s ARK Invest deployed nearly $40 million into shares of NVIDIA, Tesla, and SpaceX amid a global technology selloff that wiped out over $1 trillion in market value from ch... Read original →

ARK Invest’s aggressive acquisition of NVIDIA, Tesla, and SpaceX during the AI market correction signals a strong belief in long-term technological trends. This move reinforces the upstream semiconductor supply chain, particularly boosting demand for advanced process nodes like 3nm and EUV in Taiwan. From a compliance standpoint, geopolitical tensions and supply chain vulnerabilities—especially amid U.S.-China tech rivalry—intensify operational risks for firms like TSMC. Competitors such as AMD may accelerate innovation to maintain market share. Over the next 12–24 months, while AI infrastructure investment faces short-term headwinds, the fundamental thesis remains intact.ARK’s contrarian stance suggests an imminent recovery phase in the tech cycle.