# ARK Invest Sells CoreWeave and Adds to Technology Companies

By Token Post

Canonical URL: https://www.tokenpost.com/news/insights/52233
Published: 2026-11-09T11:04:33.000Z
Updated: 2026-11-09T11:04:33.000Z
Section: Insights & Views

> ARK also cut Broadcom and Teradyne holdings. Cathie Wood said power and chip constraints are pressing AI developers to make computing more efficient.

ARK Invest sold CoreWeave from its ARKK fund, reduced Broadcom and Teradyne holdings and added to technology companies and chipmakers as founder and CEO Cathie Wood discussed efficiency pressures on AI developers.

Across its funds, ARK added to Nvidia, Alphabet, Advanced Micro Devices and Cerebras Systems. Recent purchases also included SpaceX, Kratos, AeroVironment, Joby Aviation, Rocket Lab and Intuitive Machines.

Wood said limits on data-center power and chip supplies, along with local objections to electricity and water use, are pushing AI companies to use computing resources more efficiently. She argued that these pressures could lead to earlier upgrades in computing architecture and less wasteful spending.

Wood also disputed concerns that AI will cause widespread unemployment. She said retirements among baby boomers and tighter immigration policy could leave the economy short of workers.

On the U.S. midterm elections, Wood said investors had reacted too negatively. She pointed to average U.S. stock gains of 13% to 14% in the year after midterm elections from 1958 through 2022.