Cathie Wood fund makes its first purchase of Taiwan Semiconductor

Breaking News

Cathie Wood’s ARK Autonomous Technology & Robotics ETF

purchased roughly $10 million shares of Taiwan Semiconductor Manufacturing Co.

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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