Reported about 6 hours ago
Cathie Wood, the head of Ark Investment Management, made headlines by investing $46 million in Taiwan Semiconductor Manufacturing Company (TSMC) as optimism in AI infrastructure and semiconductors rises following a temporary tariff cut agreement between the U.S. and China. Despite recent challenges, including a drop in her flagship Ark Innovation ETF's performance and significant outflows, Wood remains hopeful for a productivity-driven recovery in the tech sector.
Source: YAHOO