Cathie Wood’s ARK Invest Reduces Nvidia, Meta, TSMC Holdings in Thursday Trades

TLDR

• ARK sold 76,622 shares of Meta Platforms for ~$45.6M after a jury ruled Meta liable in youth addiction and child exploitation lawsuits
• ARK offloaded 155,441 Nvidia shares for ~$27.8M as AI valuation concerns and a developer boycott weighed on the stock
• ARK trimmed chip stocks including AMD, Taiwan Semiconductor, and Broadcom amid memory shortages and rising prices
• ARK also sold Roku, Block, Deere, Archer Aviation, and Recursion Pharmaceuticals shares
• The only major buy was 60,973 shares of Tempus AI for ~$2.85M, continuing ARK’s recent pattern of building that position

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Cathie Wood’s ARK Invest made a series of large stock sales on Thursday, March 26, 2026. The moves were disclosed in ARK’s daily fund filings and totaled around $84 million in sales across several well-known tech and chip companies.

The biggest sale of the day was Meta Platforms. ARK sold 76,622 shares across three funds — the ARK Innovation ETF, the ARK Next Generation Internet ETF, and the ARK Blockchain & Fintech Innovation ETF — for around $42 million to $45.6 million.

Meta Platforms, Inc., META

Meta’s stock dropped nearly 8% on March 26. A Los Angeles jury found Meta and Google liable for fueling youth addiction to social media, ruling the companies failed to protect children despite being aware of the risks.

The trial lasted a month. Potential damages in that case exceed $1.4 billion. Meta was also ordered to pay $375 million in a separate child exploitation lawsuit in New Mexico for violating the state’s children’s safety law.

ARK also sold 154,441 to 155,441 shares of Nvidia for around $26.4 million to $27.8 million. Nvidia’s stock has been under pressure throughout 2026 despite strong earnings, a solid GTC 2026 conference, and projected AI revenues of up to $1 trillion by 2027.

Two game developers publicly called for a boycott of Nvidia over its DLSS 5 AI upscaling technology. New Blood CEO Dave Oshry and developer David Szymanski called the feature an “AI slop filter” that damages the artistic vision of games.

ARK Cuts Chip Exposure Across the Board

ARK reduced positions in several chip-related stocks on the same day. The fund sold 38,245 shares of Advanced Micro Devices for around $7.8 million. AMD stock fell 7.5% on that day.

ARK also sold 15,696 shares of Taiwan Semiconductor Manufacturing for about $5.1 million. Taiwan Semiconductor’s production capacity is fully booked through 2026, pointing to ongoing supply constraints at the world’s largest chip foundry.

Broadcom shares were also trimmed, with 8,648 shares sold for approximately $2.7 million. Nvidia and Broadcom insiders have flagged shortages extending beyond chips to components like lasers and circuit boards.

Other stocks sold on the day included Roku, Block, Deere, Archer Aviation, and Recursion Pharmaceuticals.

ARK’s One Major Buy: Tempus AI

While selling broadly, ARK made one purchase. The fund bought 60,973 shares of Tempus AI for approximately $2.85 million.

This continues a recent pattern. ARK has been gradually building its position in the health tech company over multiple trading days.

Tempus AI’s stock was down 2.63% on the same day ARK added to its position. ARK’s total outflow on the day far exceeded its single buy, reflecting a broader move to trim large-cap tech holdings.

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