Cathie Wood forecasts software stocks as next AI bet after Nvidia

“We are looking to the software providers who are actually right now where Nvidia was when we first bought it,” Wood sais. — Bloomberg

NEW YORK: Cathie Wood says software providers will be the next to ride on the artificial intelligence frenzy driven by Nvidia Corp.

“We are looking to the software providers who are actually right now where Nvidia was when we first bought it,” Wood, chief executive officer and founder of Ark Investment Management LLC, told Bloomberg TV.