TECH - Cathie Wood Snaps Up Over $5M AMD Stock Ahead Of Q3 Results; Here's Another Chipmaker Ark Bought Friday | Benzinga
Cathie Wood-founded Ark Invest on Friday and bought two chip stocks as semiconductor earnings news flow picks up pace this week.
What Happened: Ark, through its ARK Autonomous Technology & Robotics ETF (CBOE: ARKQ) amassed 54,289 shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) on Friday. The purchase would have been valued at $5.24 million based on AMD’s closing price of $96.43 in the session.
Ark’s ARKQ also bought Taiwan Semiconductor Manufacturing Co. Ltd. (NYSE:TSM) shares on Friday. The exchange-traded fund added 3,046 TSMC shares valued at ...