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ARK Investment returned as a buyer of Taiwan Semiconductor stock after trimming its position earlier.
Cathie Wood’s Ark Invest stepped up its semiconductor, biotechnology and technology exposure during the week ended October 2, with Nvidia NASDAQ:NVDA and Intellia Therapeutics NASDAQ:NTLA leading its buying activity. The funds bought 356,681 shares of Nvidia NASDAQ:NVDA worth $81M and 1.59M shares…
Artificial intelligence remained the dominant theme across technology and industrial markets last week, with major developments involving Micron Technology (MU), Hewlett Packard Enterprise (HPE), Amazon (AMZN), and several other companies. Government policy, data-center spending, chip demand and AI…