ARK Invest CEO Cathie Wood bought $45.9 million of Nvidia shares while selling $119.7 million of Broadcom during a semiconductor selloff linked to political concerns about data center construction after the recent U.S. midterm elections. Nvidia and Broadcom both fell sharply but rebounded slightly in premarket trading. The selloff reflects worries over potential delays in data center projects due to increased scrutiny on electricity and water usage. Despite this, both companies show strong AI chip demand and positive analyst ratings, with Nvidia's and Broadcom's revenues growing significantly. Investors should watch for changes in data center permitting and upcoming earnings reports for further guidance.
Nvidia shares are up 4.38% at USD 189.56 on Pluang, with a nearly even split in buying and selling activity as of Nov 06, 2026 21:01 WIB. Broadcom is also gaining, rising 5.59% to USD 307.83, with more buyers than sellers on the platform at the same time.
Nvidia's stock has fallen 23.53% over the past month, with shares currently trading at $181.6, down from $200.13 last week. This decline comes despite the company reporting a strong 106% year-over-year revenue growth in its latest quarter. The main c...
AMD's data center revenue surged 97% to $8.55 billion, driven by new Helios rack deployments, signaling a shift toward becoming a major data center player. Meanwhile, NVIDIA remains dominant with $89 billion in data center revenue and strong AI-focus...
Apple's market capitalization reached $5 trillion, surpassing Nvidia by about $615 billion after Nvidia's shares dropped over 9% due to concerns about tougher AI regulations from a Democratic-controlled Congress. Nvidia, heavily reliant on AI data ce...
On November 5, 2026, ARK Invest led by Cathie Wood sold about $134 million worth of Broadcom shares and purchased Nvidia and SpaceX shares totaling roughly $100 million. This move reflects a strategic shift from Broadcom's custom AI chips toward Nvid...
The VanEck Fabless Semiconductor ETF (SMHX) has fallen below key moving averages due to political concerns, creating a rare buying opportunity. Its portfolio focuses on mega-cap fabless chip designers like NVIDIA and Broadcom, positioned to benefit f...
