In a short time, CoreWeave (CRWV) has become one of the most talked-about names in AI, but things have been tough lately.
The Nvidia (NVDA)-backed cloud infrastructure business just cut its sales forecast, sending its shares sharply lower and scaring the broader market in the process. For perspective, the stock has fell more than 42% In the last month alone.
However, while most investors went for the exits, Cathie Wood did what Cathie Wood did; CoreWeave shares have doubled.
ARK has bought hundreds of thousands of shares as the stock continues to decline, a classic “buy the dip” move that indicates it sees something the market master is missing.
Cathie Wood remains an investment anomaly, treating stocks as long-term “technology revolutions”, rather than quarterly trades.
The fund manager buys and sells
Through ARK Invest, you manage a focused, high-conviction portfolio spread across disruptive topics, including areas such as artificial intelligence, robotics, and cryptocurrencies.
A big part of the reason investors follow it with interest is its transparency.
It posts its trades daily and is not afraid to be exposed to volatility.
Its steeper bets may include support Electric car pioneer Tesla In 2016, long before the company achieved soaring altitude or captured the zeitgeist of investors with its robotaxis and Optimus robots.
Moreover, it turned to Nvidia, whose shares Ark had bought early in 2014, before it became the AI goliath company. I also embraced Bitcoin and cryptocurrency platforms As a parallel financial system.
So far in 2025, its flagship Ark Innovation ETF It’s up roughly 55% to 60% year to date, compared to about 13% for the S&P 500 on a total return basis.
In other words, Wood’s flagship fund is outperforming the broad market by more than 4x this year.
Now, the head of ARK Invest is buying the dip in CoreWeave.
I snapped 350,734 sharesspending approx 24 million dollars The stock has fallen by approximately 30% over the past few trading sessions.
Related: Cathie Wood Bought $16.2 Million Worth of Sinking AI Stock
Importantly, this is not its only bold swing at AI.
It’s back at Nvidia, adding more shares for the first time since August. I snapped 93,374 shares Chip giant (17 million dollars He deserves). While it’s not a huge deal, it’s a clear re-entry into the name that defines AI trading.
Overall, Wood remains a fan of AI, and he says it boldly CNBC In October, although corrections are possible, there are still greater chances:
Meanwhile, CoreWeave’s earnings tested investors’ patience.
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Quarter blast, still red:Third quarter sales increased $1.36 billionmore than doubled a year ago, while net losses narrowed to $0.22 per sharereverse $1.82 A year ago.
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Guide throat: Management lowered 2025 revenue guidance to 5.05 – 5.15 billion dollarsdown from 5.15 – 5.35 billion dollarslagging behind Wall Street $5.29 billion consensus.
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It’s a timing headache, not an ordering problem: The reduction is apparently due to a delay at one third-party data center developer (reportedly CoreScientific), which pushed some GPU capacity and sales from Q4 2025 to early 2026. Sales backlog has increased dramatically to $55.6 billion, representing an 85% increase quarter-on-quarter.
CoreWeave is rented Nvidia powered data centers To hyperscalers and other technology companies to build AI models. So, it’s basically renting out GPU power to companies that avoid the costs of running their own hardware.
So it’s basically an AI power grid, where companies can simply Deliver and pay to use.
In addition, he is a Factory floor cloud CoreWeave provides the heavy machinery (GPUs, networking, and infrastructure), while its customers bring their own schemas (models) and data.
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For more colors, Nvidia Latest filing It shows that she currently owns 24.28 million shares of CoreWeave stock, which is approximately With a value of $3.3 billion (86% of the disclosed equity portfolio).
That share is Nearly 6% of CoreWeave Total number of shares, arising from Nvidia’s early issue An investment of 100 million dollars.
In addition, the two giants also have artificial intelligence $6.3 billion “take or pay” Cloud capacity deal that runs through 2032.
Nvidia CEO Jensen Huang has even publicly referred to its stake in CoreWeave as a kind of “cool startup” the tech giant is backing within the AI infrastructure ecosystem.
Wood didn’t stop at CoreWeave. It has expanded bets across cryptocurrencies and biotechnology as well.
ARK added 49,900 rising sharesa popular public crypto exchange that owns it CoinDesk. It was also one of the most glamorous debuts of 2025, with massive success $1.1 billion IPO And a Valuation: $5.4 billion.
Wood is associated with that 31,890 shares of BitMine and 20,700 shares of ARK 21Shares Bitcoin ETFuntil Bitcoin fell below $85,000This is its weakest level since April.
Also, bought ARK 67,078 shares of CRISPR Therapeuticsa $3.3 million nod to her long-standing belief that gene editing is the next chapter in medicine.
The largest IPOs of 2025 so far
Here’s a look at where Bullish stands in this year’s monster debuts:
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CoreWeave: Triggered player AI powered by Nvidia $1.5 billion In a almost 23 billion dollars evaluation.
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Figma: The strength of the software design pulled in at approx $1.2 billionwith his evaluation In the amount of 19 billion dollars At the time of pricing.
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circle: The USDC issuer finally hit the market, raising approx $1.05 billion During landing 8 billion dollars evaluation.
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rising: Cryptocurrency exchange owned by CoinDesk has been filed $1.1 billion In a $5.4 billion evaluation.
After loading up on the names of AI and cryptocurrencies, Wood rebalanced his balance with a round of embellishments.
ARK Decorations on November 21st
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Getlab (GTLB): Selling 670,144 shares ($28.49 million).
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Exact Sciences (EXAS): Sold 227,153 shares ($22.87 million) after it was acquired by Abbott for $21 billion.
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Iridium (IRDM): Selling 169,485 shares ($2.68 million).
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Advanced Micro Devices (AMD): Selling 1,623 shares ($334,370).
Related: ‘Big Short’ Michael Burry takes shots at major AI stocks
This story was originally reported by The Street On November 23, 2025, he made his first appearance in Investment to divide. Add TheStreet as Favorite source by clicking here.
The post Cathie Wood buys the dip in Nvidia-backed stock first appeared on Investorempires.com.
