Cathie Wood, Wall Street’s resident futurist and ARK Innovation ETF (ARKK) captain, has once again donned her risk-protective cape, reclaiming her position among Nvidia (NVDA) devotees by buying the dip with characteristic panache. On Thursday, as Wall Street’s mood swung faster than a crypto influencer’s net worth, Wood orchestrated her return to Nvidia, scooping up 93,374 shares—roughly $17 million—after a four-month hiatus.
ARK’s Tactical Move
Wood’s pivot is more than a headline-grabbing maneuver. Nvidia’s latest quarterly earnings report dazzled, only for the stock to twist in theatrical fashion—up 5% in the morning and then down 3% by the close—as traders second-guessed the sustainability of AI’s gold rush. While some investors rushed for the exits, spooked by rising inventory levels and a few doomsday pronouncements about tech bubbles, Wood did what most onlookers are too cautious (or too tethered to Excel models) to attempt: she bought weakness with surgical precision.
Nvidia’s Dance with Volatility
What makes this dip interesting isn’t just its magnitude—it’s the context. Nvidia, the undisputed supplier of AI’s picks and shovels, has become a market thermometer for everything from data centers to next-gen robotics. Yet, Wood avoided the temptation of “sell-high, nap-later,” instead choosing to average in as jittery investors pondered inventory cycles and circular AI financing. It’s the kind of move that conjures visions of Warren Buffett’s classic “be greedy when others are fearful,” but with more blockchain and fewer Nebraska steak dinners.
Digging Deeper: CoreWeave and the Nvidia Ecosystem
Wood also aimed her shopping cart at CoreWeave (CRWV), an Nvidia-backed cloud computing startup that recently saw its stock battered by a rough earnings report and lowered revenue guidance. She channeled nearly $24 million into 350,734 shares, embracing the opportunity while most investors weighed whether the cloud was made of vapor. Nvidia itself holds a formidable stake in CoreWeave—24.28 million shares, stemming from an initial $100 million bet—which includes a multi-billion, decade-long cloud capacity agreement.
Punchline: AI, ARK, and a Touch of Irony
For those keeping score, Wood’s flagship ARK Innovation ETF is up a staggering 55–60% year-to-date, quadrupling the S&P 500’s returns, proving that it sometimes pays to zig when Wall Street Zags. As the market nervously monitors AI bubbles while sandwiching turkey leftovers with earnings revisions, Wood’s willingness to “buy the dip,” even when the room smells faintly of existential dread, is a reminder that investing is equal parts math, psychology, and a dash of elegant bravado.
So, while the rest of Wall Street gossips about tech bubbles over artisan coffee, Cathie Wood is quietly adding Nvidia shares—high volatility, high conviction, and just a hint of sophisticated humor. Somewhere out there, Jensen Huang is smiling, and Warren Buffett might even tip his hat.
Could Nokia Be Next?
Cathie Wood could consider investing in Nokia (NOK) following her recent bullish moves in Nvidia and CoreWeave for several compelling strategic reasons. Most notably, Nvidia has just invested $1 billion in Nokia, acquiring nearly a 3% stake as part of a partnership to develop AI-powered telecommunications infrastructure—including the next generation of 5G-Advanced and 6G networks—firmly anchoring Nokia in the heart of the AI supercycle.
This move aligns with Wood’s investment thesis: seeking disruptive companies benefiting from exponential technologies and ecosystem synergies. Nokia’s transformation from a mobile handset brand to a global leader in network infrastructure, cloud connectivity, and AI-powered telecom solutions echoes the kind of innovative pivot Wood favors—especially amid surging demand for data and edge AI deployments.
Now, with Nvidia’s direct investment and technology partnership giving Nokia a unique position in the 6G race, the stock has rallied and stands to benefit from AI-driven growth. For a fund manager like Wood who just backed Nvidia and its AI cloud partner CoreWeave and its recent pullback, Nokia becomes a natural extension and value propostion in “picks and shovels” investing for the future digital landscape, leveraging Nvidia’s validation and the rising tide of next-gen wireless.
Sources
[1] NVIDIA and Nokia to Pioneer the AI Platform for 6G https://nvidianews.nvidia.com/news/nvidia-nokia-ai-telecommunications
[2] NVIDIA and Nokia to pioneer the AI platform for 6G https://www.nokia.com/newsroom/nvidia-and-nokia-to-pioneer-the-ai-platform-for-6g–powering-americas-return-to-telecommunications-leadership/
[3] Nvidia takes $1 billion stake in Nokia – CNBC https://www.cnbc.com/2025/10/28/nvidia-nokia-ai.html
[4] Nvidia’s $1 billion stake sends Nokia to decade high on AI hopes https://www.reuters.com/world/europe/nvidia-make-1-billion-investment-finlands-nokia-2025-10-28/
[5] Nvidia Says It’s Adding This Tech Company to Its Investment … https://www.investopedia.com/nvidia-says-it-s-adding-this-tech-company-to-its-investment-portfolio-the-stocks-are-surging-update-11838574
[6] Nvidia Invests $1B in Nokia for AI-Driven Network – TechRepublic https://www.techrepublic.com/article/news-nvidia-backs-nokia-ai-networks-2025/
[7] Nokia Reports Strong Q3 2025 Sales Growth Amid Strategic … https://www.theglobeandmail.com/investing/markets/markets-news/Tipranks/35652068/nokia-reports-strong-q3-2025-sales-growth-amid-strategic-expansions/
[8] NVIDIA’s $1B Investment in Nokia: AI’s Expansion Beyond the Data … https://www.youtube.com/watch?v=rKhy2bHytKM
[9] Nvidia takes $1B stake in Nokia, which promises 5G and 6G overhaul https://www.lightreading.com/5g/nvidia-takes-1b-stake-in-nokia-which-promises-5g-and-6g-overhaul
[10] Cathie Wood’s ARK Invest buys Nvidia shares for first time in months … https://seekingalpha.com/news/4524730-cathie-woods-ark-invest-buys-nvidia-shares-for-first-time-in-months
[11] Cathie Wood, Ken Griffin, and Nvidia All Own This Artificial … https://www.aol.com/articles/cathie-wood-ken-griffin-nvidia-080000916.html
[12] Nokia Oyj: A 35% Rally in 2025, But is it Undervalued? – AInvest https://www.ainvest.com/news/nokia-oyj-35-rally-2025-undervalued-2511/
[13] Nvidia takes $1B stake in Nokia, which promises 5G and 6G overhaul https://www.reddit.com/r/Nok/comments/1ojv04a/lightreading_nvidia_takes_1b_stake_in_nokia_which/
[14] Cathie Wood, Ken Griffin, and Nvidia All Own This Artificial … – Nasdaq https://www.nasdaq.com/articles/cathie-wood-ken-griffin-and-nvidia-all-own-artificial-intelligence-ai-stock-should-you-buy
[15] Cathie Wood Grabs Nvidia for First Time in Months as Stock Eyes … https://www.fxleaders.com/news/2025/11/21/cathie-wood-grabs-nvidia-for-first-time-in-months-as-stock-eyes-250-target/
[16] Cathie Wood Speaks Out—Invests in Nvidia After Four-Month Hiatus https://intellectia.ai/news/stock/cathie-wood-breaks-her-silenceloads-up-nvidia-after-4-months
[17] Nokia conducts thorough review of its business portfolio – TipRanks https://www.tipranks.com/news/the-fly/nokia-conducts-thorough-review-of-its-business-portfolio-thefly
[18] Cathie Wood’s Mistake Could Cost ARK Invest Everything – YouTube https://www.youtube.com/watch?v=AQ0_c-hz9kE
[19] Nokia to invest $4B to expand R&D and manufacturing in the U.S. https://seekingalpha.com/news/4524968-nokia-to-invest-4b-to-expand-rd-and-manufacturing-in-the-us
[20] Cathie Wood Breaks Her Silence–Loads Up Nvidia After 4 Months https://finance.yahoo.com/news/nvda-cathie-wood-buys-dip-132007946.html
[1] Cathie Wood buys the dip in Nvidia-backed stock https://finance.yahoo.com/news/cathie-wood-buys-dip-nvidia-191700535.html
[2] Cathie Wood’s ARK buys Nvidia shares after Q3 earnings https://www.investing.com/news/stock-market-news/cathie-woods-ark-buys-nvidia-shares-after-q3-earnings-4372006
[3] Cathie Wood Breaks Her Silence–Loads Up Nvidia After 4 Months https://finance.yahoo.com/news/nvda-cathie-wood-buys-dip-132007946.html
[4] Cathie Wood’s ARK Innovation ETF bought 93,374 shares of Nvidia on Thursday https://cryptorank.io/news/feed/5b215-cathie-wood-ark-picks-up-nvidia-stock-anew
[5] Wood’s ARK Buys Nvidia Shares for First Time Since August https://www.bloomberg.com/news/articles/2025-11-21/cathie-wood-s-ark-buys-nvidia-shares-for-first-time-since-august
[6] Cathie Wood’s Ark Invest breaks hiatus and picks up Nvidia stock … https://www.cryptopolitan.com/cathie-wood-ark-picks-up-nvidia-stock-anew/
[7] Cathie Wood buys the dip in Nvidia-backed stock – TheStreet https://www.thestreet.com/investing/stocks/cathie-wood-buys-the-dip-in-nvidia-backed-stock
[8] Cathie Wood’s Ark Invest Can’t Let Go Of The Dip-Buying Opportunity https://stocktwits.com/news-articles/markets/equity/cathie-wood-s-ark-invest-can-t-let-go-of-nvda-dip-buying-opportunity/cLPMlfnREO4
[9] Cathie Wood Breaks Her Silence–Loads Up Nvidia After 4 Months https://www.gurufocus.com/news/3220011/cathie-wood-breaks-her-silenceloads-up-nvidia-after-4-months?mobile=true
[10] Cathie Wood Goes Bargain Hunting: 3 Stocks She Just Bought https://www.aol.com/finance/cathie-wood-goes-bargain-hunting-164700912.html
[11] Cathie Wood’s ARK Invest buys Nvidia shares for first time in months (NVDA:NASDAQ) https://seekingalpha.com/news/4524730-cathie-woods-ark-invest-buys-nvidia-shares-for-first-time-in-months
[12] Cathie Wood Buys Nvidia, ACHR and Crypto Stocks, Offloads AMD, EXAS https://www.tipranks.com/news/cathie-wood-buys-nvidia-achr-and-crypto-stocks-offloads-amd-exas
[13] Cathie Wood Buys NVIDIA Shares Low https://www.chosun.com/english/market-money-en/2025/11/21/B7UH4D7HVVFKVCIZAPQQJDHF5I/
[14] On Thursday, Cathie Wood-led Ark Invest executed significant … https://www.facebook.com/Benzinga/posts/on-thursday-cathie-wood-led-ark-invest-executed-significant-trades-including-buy/1417411397051193/
[15] Cathie Wood: 34 NVIDIA transactions (ARK Invest / NVDA) https://stockcircle.com/portfolio/cathie-wood/nvda/transactions
