As CEO and chief investment officer of Ark Invest, Cathie Wood might be best known for her high conviction in speculative opportunities across industries such as genomics and cryptocurrency.
When it comes artificial intelligence (AI), many of Ark’s biggest positions are in volatile stocks such as Tesla and Palantir Technologies. Over the last couple of months, however, Wood has quietly been rounding out her exchange-traded funds (ETFs) with semiconductor stocks.
Let’s explore two AI chip stocks that have recently become rising stars in the Ark portfolio. Is now the time to follow Wood’s moves? Read on to find out.