Cathie Wood, the CEO of ARK Investment, discusses her investment strategy with a particular focus on Nvidia. She shares that ARK Investment has held Nvidia since its inception and continues to do so in some of their funds. Wood maintains her belief in Nvidia’s potential. However, she also highlights a shift towards software, predicting that for every dollar of hardware that Nvidia sells, software providers will generate eight times the revenue. She identifies UiPath and Twilio as examples of software companies that are currently in a similar position to where Nvidia was when ARK first invested, indicating potential for significant growth.
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