"Cathie Wood's Latest Stock Moves: AI, Semiconductors, and Long-Term Investments"

1 min read
Source: Benzinga
"Cathie Wood's Latest Stock Moves: AI, Semiconductors, and Long-Term Investments"
Photo: Benzinga
TL;DR Summary

Cathie Wood's Ark Invest sold 20,111 shares of Nvidia and bought 98,170 shares of Taiwan Semiconductor Manufacturing Company (TSMC) valued at $10.51 million. TSMC is the world's biggest chipmaker and a dedicated foundry supplying advanced chips to the world's biggest semiconductor and consumer electronics companies. TSMC now accounted for 1% of ARKQ's portfolio. Ark hasn't traded in TSMC since late April 2021.

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