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ARK Invest added Nvidia and Broadcom while trimming Deere, as Broadcom shares dipped on Monday
The Apex Times

THE APEX TIMES

Business/The Apex Times/Aug 11, 8:54 AM EDT

ARK Invest added Nvidia and Broadcom while trimming Deere, as Broadcom shares dipped on Monday

Cathie Wood’s firm increased exposure to AI-chip plays, buying shares of Nvidia and Broadcom and continuing to reduce its position in Deere, according to a market report published Monday.

Cathie Wood’s ARK Invest made another small rotation in its exchange-traded fund portfolios on Monday, adding to exposure in AI-related chip names that have been central to the firm’s long-running technology thesis.

The report said ARK Invest purchased roughly $43 million worth of AI chip stocks, including a buy in Nvidia alongside a purchase in Broadcom. The changes reflect ARK’s continued focus on companies it views as key enablers of AI compute, even as it keeps managing a concentrated set of holdings.

At the same time, the firm continued to pare its stake in Deere, a position that the same report described as being reduced rather than expanded. Deere is widely viewed as a more cyclical industrial technology business, with demand tied to farm economics and equipment replacement cycles, which can make it behave differently from high-growth semiconductor stocks.

For Broadcom specifically, the report also noted that the stock dipped on Monday. While the report framed the day’s tape action alongside ARK’s trades, it did not attribute the move to ARK alone, and it did not provide details on other drivers that may have influenced the share price.

Broadcom, which has built major franchises across networking and data-center components, has been among the names investors watch for exposure to AI infrastructure, particularly through custom and high-performance connectivity and related systems components. For ARK, the attraction of Broadcom in an AI framework typically centers on the idea that AI data-center buildouts require more than just chips, and that the plumbing around compute can be equally important.

The report did not specify which ARK vehicles executed the trades, nor did it describe how much of Broadcom’s or Nvidia’s trading volume was attributable to ARK orders. It also did not state whether ARK’s buys were based on changes to portfolio weights, new inflows, or sales in other holdings beyond Deere.

What the market report made clear, however, is the pattern of continued selective reinforcement of AI-chip exposure paired with ongoing trimming of at least one non-chip industrial position. That kind of rotation matters for investors tracking thematic funds, because it can change near-term demand at the margin even when longer-term strategy remains consistent.

As of the report’s publication, details that would help quantify the impact of the trades were not provided, including the exact number of shares bought or sold, the fund tickers involved in each transaction, and the specific timing relative to broader market moves. Investors generally will need ARK’s subsequent portfolio disclosures or trade reporting to confirm the full mechanics behind the transactions.

Why It Matters

  • Changes in thematic ETF holdings can shift incremental demand for high-profile AI infrastructure names, which can matter for short-term trading even when overall strategy is unchanged.
  • Pairing AI-chip buys with trimming an industrial name suggests ARK is keeping an emphasis on AI compute enablement while managing diversification and relative exposure.
  • Broadcom’s connection to data-center and AI infrastructure means that fund rotations can influence how investors calibrate the AI-supply-chain narrative.
  • Because the report did not disclose execution details, the measurable impact on liquidity and index-level exposure may remain unclear until ARK’s later filings.

Sources

Key Facts

  • A market report published Monday said ARK Invest bought Nvidia and Broadcom and added about $43 million in AI chip stocks.
  • The same report said ARK Invest continued to reduce its Deere position rather than add to it.
  • The report noted Broadcom’s shares dipped on Monday, alongside ARK’s activity.
  • The report did not provide specific share counts, exact ARK fund vehicles used, or trade timestamps.
  • The report did not attribute Broadcom’s price move to ARK’s trades specifically.

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Amazon shares among AI-infrastructure selloff targets as mega-cap tech resets
The Apex Times
ARK Invest added Nvidia and Broadcom while trimming Deere, as Broadcom shares dipped on Monday | The Apex Times