ARK Invest Loads Up on Nvidia, Sending Stock Price Surging

Nvidia's stock price surged as Cathie Wood's ARK Invest loaded up on shares of the graphics chipmaker. The news sent Nvidia's stock price up, but experts are weighing in on whether the company is a buy now.

The move by ARK Invest, which manages billions in assets, has sparked interest among investors and analysts alike. As of recent data, Nvidia's stock price had risen by 5% after the news broke.

Cathie Wood, founder of ARK Invest, has been a long-time proponent of Nvidia's growth prospects. While some experts have expressed caution about the company's valuation, others see the recent surge as a buying opportunity.