Cathie Wood buys $46 million of surging top semiconductor stock

Cathie Wood, head of Ark Investment Management, is known for making bold bets on disruptive innovation, mostly in the U.S. But this week, she looked abroad, buying an Asian chipmaker as investor optimism around AI infrastructure and semiconductors returns following signs of easing tariffs. 💵💰Don’t miss the move: Subscribe to TheStreet’s free daily newsletter 💰💵…

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Billionaire Jeff Bezos and Cathie Wood Joined Microsoft, Nvidia, Amazon, and OpenAI in Funding 1 of 2024’s Most Intriguing AI Start-Ups

There’s little question that artificial intelligence (AI) has been on a hot streak over the past year or so, and that trend shows little signs of slowing. It isn’t just average investors that are bullish on these developments. Billionaires, venture capital firms, and some of the world’s biggest tech companies have AI fever — and…

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