Cathie Wood Watch: Ark Piles Into Nvidia, Buys an AI Biotech

Renowned investor Cathie Wood, chief executive of Ark Investment Management, for a second day bought big into one of the world’s biggest semiconductor makers after staying away from it for at least several months.

Ark on May 27 also purchased shares in a biotechnology company that combines molecular biology, data science, automation, and genomics to design molecules, microbes and materials.

Wood bought and sold some other familiar names, too. All valuations below are as of Friday’s close.

The chip company is graphics-processing specialist Nvidia, (NVDA) – Get NVIDIA Corporation Report. Ark funds snagged 361,995 shares of it, valued at $68.1 million. Nvidia has slid 37% year to date.


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