TSM - Ark Invest Continues Buying Shares Of Nvidia And Apple Supplier TSMC — Also Purchases AMD Stock | Benzinga
On Tuesday, Cathie Wood-led Ark Invest made some significant trades, with the most prominent ones being in Taiwan Semiconductor Manufacturing Co Ltd (TSM) and Advanced Micro Devices Inc (AMD).
The TSM Trade: The ARK Next Generation Internet ETF (NYSE:ARKW) fund acquired 3,316 shares of Taiwan Semiconductor Manufacturing Company. This trade was made amid an ongoing AI frenzy that has swept Wall Street. The transaction was valued at $595,852 on the day TSM shares ended the regular session 1.4% higher at $179.69.
TSMC plans to increase the price of its 3nm wafers by more than 5% and the price for advanced ...