Nvidia falls 11% amid AI bubble fears, but Ark Invest keeps buying
Nvidia has fallen 11% in November, slipping another 1% premarket Friday as AI bubble fears intensify. Despite the pullback, Cathie Wood Ark Invest bought $16.9 million worth of Nvidia shares on Thursday while trimming AMD holdings. Nvidia now ranks 21st in ARKK, far below AMD, yet Ark continues to buy the dip as NVDA volatility rises.