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 Nvidia's general-purpose GPUs and SpaceX's growing AI platform. Despite Broadcom's strong AI revenue growth, its stock price has fallen sharply amid market fears of regulatory clampdowns on AI. Nvidia's upcoming earnings report on November 17 will be a key indicator of AI demand and could validate ARK's repositioning before Broadcom reports in December.
As of November 6, 2026, 20:11 WIB, Broadcom trades at USD 305.60, closer to its 52-week low of USD 291.53 than its high of USD 481.57, while Nvidia is at USD 189.58, nearer to its 52-week low of USD 165.17 than its high of USD 239.27 on Pluang. SpaceX, trading at USD 129.25, is also closer to its 52-week low of USD 108.27 than its high of USD 202.09. This contrast highlights Broadcom's recent price weakness compared to Nvidia and SpaceX, which remain relatively stronger within their ranges as of the same time.
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