Cathie Wood Bets $31M On Amazon, CoreWeave And Meta, While Pulling $26.5M Out of This Hot AI Stock
Cathie Wood’s ARK Invest poured $31 million into Amazon, CoreWeave and Meta, but also trimmed $26.5 million of Teradyne.
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SpaceX’s reported $40B AI financing plan highlights a bigger question: how much debt can the AI infrastructure boom absorb?
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Cathie Wood’s ARK Invest poured $31 million into Amazon, CoreWeave and Meta, but also trimmed $26.5 million of Teradyne.
https://www.bloomberg.com/news/articles/2026-10-07/coreweave-tees-up-first-india-data-centers-with-adaniconnex-deal
The article compares Nvidia and SpaceX as AI investment opportunities for 2027. Nvidia is favored for its predictable path to profitability through the Rubin chip platform, strong data center revenue growth, and cash generation. SpaceX offers exciting long-term potential with AI infrastructure deals and Starlink, but faces high capital expenditures and unpredictability. The author recommends Nvidia for 2027 due to greater visibility and recurring profits, while suggesting SpaceX belongs on a watchlist.
Custom AI processors (ASICs) are expected to account for over one-third of AI compute by 2030, shifting away from GPUs. Broadcom is positioned as a key beneficiary, designing custom chips for major tech companies including Alphabet, Meta, OpenAI, and Anthropic. The company's AI revenue grew 221% to $16.7 billion in the latest quarter, with management projecting AI sales to reach $230 billion by fiscal 2028.
https://www.myfloridalegal.com/newsrelease/attorney-general-james-uthmeier-files-temporary-injunction-against-meta