Cathie Wood’s Ark Invest bought Nvidia, which is developing links between its chips and quantum hardware. The buy likely reflects Nvidia’s AI-chip lead, growth and valuation—not quantum prospects; Wood predicts commercial use no earlier than the mid-2040s.
Nvidia’s CUDA-Q software runs across GPUs, CPUs and quantum processing units. Its CUDA-Q Logical tools let developers use logical qubits to build fault-tolerant applications, while its NVQLink interconnect can connect Nvidia GPUs directly to quantum hardware.
The article cites analyst estimates of 91% revenue growth for fiscal 2027 and 66% the following year. It says Nvidia traded at 28 times earnings, compared with a 26 average for the S&P 500. It also notes that Ark frequently buys and sells stocks, sometimes holding them only briefly, so the purchase need not signal a long-term bet on quantum computing.
