Cathie Wood Fund Makes Its First Purchase of Taiwan Semiconductor

Dow Jones2023-06-13

Cathie Wood's ARK Autonomous Technology & Robotics ETF $(ARKQ)$ purchased roughly $10 million shares of Taiwan Semiconductor Manufacturing Co. (2330.TW) on Monday, which according to the Cathie's Ark tracker is the fund's first purchase of the contract semiconductor maker.

Taiwan Semi's U.S.-listed shares have climbed 44% this year, exactly the same rise as the PHLX semiconductor index.

The autonomous fund has gained 33% this year.

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Comments

  • Conrad Genio
    2023-06-13
    Conrad Genio
    Time to buy TSMC
  • Pottsy
    2023-06-13
    Pottsy
    Damn it. I'm going to have to sell now 
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