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Fortune

Nicholas Gordon

Nvidia is 'priced ahead of the curve,' says Ark Invest CEO Cathie Wood

Cathie Wood Nvidia Ark Invest Tesla Inc. United States CNBC

Cathie Wood, Ark Invest CEO in 2022 (Credit: Patrick T. Fallon—AFP via Getty Images)

Tech investor Cathie Wood says she's hesitating to embrace A.I. darling Nvidia because the company’s shares are now too expensive.

The chipmaker “is priced ahead of the curve,” the ARK Invest CEO wrote on Twitter on Monday, suggesting the stock is too overvalued for it to be a good investment.

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