Cathie Wood may have sold most of her firm’s stake in Nvidia right before it benefited from artificial intelligence demand, but now she is investing in a company benefiting from the AI push.
ARK Autonomous Technology & Robotics ETF
ARKQ,
purchased roughly $10 million shares of Taiwan Semiconductor Manufacturing Co.
TSM,
on Monday, which according to the Cathie’s Ark tracker is the fund’s first purchase of the contract semiconductor maker.
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