ARK Invest Reallocates Portfolio: Semiconductors and Clean Energy Gain, Defense Loses

Cathie Wood's ARK Invest executed significant portfolio adjustments on January 16, 2026, demonstrating conviction in AI infrastructure and clean energy while retreating from defense stocks. The firm deployed $1.10 million into Advanced Micro Devices (AMD) and $1.89 million into Taiwan Semiconductor Manufacturing Company (TSMC), capitalizing on robust demand for AI chips. TSMC's recent earnings beat—reporting NT$505.74 billion net income on 25.5% revenue growth—validates this strategic shift.

Nuclear energy emerged as another focus area with a $3.15 million position in Oklo. Autonomous driving exposure increased via $2.12 million allocated to Pony AI. Conversely, ARK liquidated $12.26 million worth of Kratos Defense shares across multiple ETFs, signaling reduced appetite for traditional defense contractors. The rebalancing included trimming software holdings, with Unity and Intuit positions reduced by $1.08 million and $550,697 respectively.