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Cathie Wood’s ARK Invest Bets $1.9M on TSMC Amid Strong AI Chip Demand

Cathie Wood’s ARK Invest Bets $1.9M on TSMC Amid Strong AI Chip Demand

Published:
2026-01-19 09:37:02
15
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BTCCSquare news:

ARK Invest founder Cathie Wood has placed a $1.89 million wager on Taiwan Semiconductor Manufacturing Company (TSMC), acquiring 5,542 shares on January 16. The move follows TSMC's Stellar fourth-quarter earnings, which saw net income surge 35% year-over-year to $16 billion, handily beating analyst estimates.

The chipmaker's bullish 2026 outlook includes capital expenditures of $52-$56 billion—far exceeding 2025's $40.9 billion—and projected 30% revenue growth fueled by insatiable demand for AI chips from cloud providers. Wall Street responded with raised price targets, including BofA Securities' $470 valuation.

TSMC's dominance in advanced chip manufacturing positions it as a critical enabler of artificial intelligence infrastructure. The company's $33.73 billion quarterly revenue reflects the semiconductor industry's pivotal role in technological transformation.

|Square

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