Reported about 12 hours ago
Cathie Wood, CEO of Ark Invest, is diversifying her portfolio by investing significantly in two AI chip companies: Advanced Micro Devices (AMD) and Taiwan Semiconductor Manufacturing Company (TSMC). While AMD has become a substantial holding due to its promising data center business and strong share price growth, TSMC is seen as a unique opportunity in the chip market thanks to its leading fabrication services. Despite AMD facing competition from Nvidia and TSMC grappling with geopolitical concerns, both stocks present compelling investment options for those interested in AI infrastructure.
Source: YAHOO