Institutional investors like ARK are using market declines to accumulate positions in AI and semiconductor stocks, suggesting confidence in long-term value despite near-term weakness

"Cathie Wood's ARK Invest bought about $40.2 million in Tesla, SpaceX and Nvidia shares on July 28 as a global technology sell-off hit AI and semiconductor stocks. ARK's purchases indicate the investment manager used the decline to expand positions in companies tied to autonomous vehicles, space technology and computing infrastructure."