Cathie Wood’s ARK Invest is doubling down on the semiconductor industry, making a major investment in Taiwan Semiconductor Manufacturing Co. (TSM), also known as TSMC. On May 19, 2025, ARK purchased 197,776 shares of TSM across its Ark Innovation ETF (ARKK) and ARK Next Generation Internet ETF (ARKW), totaling $38.4 million.
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Wood’s bullish stance on TSMC points to her strategy to bet on innovation. As the world’s largest chipmaker, TSM helps power AI technologies by supplying cutting-edge chips to Nvidia (NVDA), Apple (AAPL), and AMD (AMD).
Importantly, the higher stake comes as TSMC joined hands with Nvidia and Foxconn to build a powerful AI supercomputer in Taiwan. This move could boost AI infrastructure in Asia and help TSMC stay ahead in the chipmaking industry.
At the same time, ARK added 106,061 shares of GitLab (GTLB), a software development platform, for nearly $5.46 million.
ARK Trims Meta Stock Holdings
Simultaneously, ARK sold 58,607 shares of Meta Platforms (META) for $37.5 million, reflecting a shift toward AI infrastructure rather than social media investments. The move comes amid Meta’s ongoing legal challenges, including its attempt to dismiss an FTC antitrust lawsuit that could impact its market dominance.
ARK also trimmed its holdings in the cloud computing company, CoreWeave (CRVW), selling 57,013 shares for about $4.58 million.
What Are the Best AI Stocks to Buy Now?
Cathie Wood is heavily focused on AI, shifting her focus to companies that build AI infrastructure rather than just use AI tools. Her investments also include robotics, automation, and AI-powered search, reflecting her belief that AI will reshape industries like healthcare, finance, and tech.
Thus, we used the TipRanks Stock Comparison tool to identify stocks worth considering. Among the AI stocks, Microsoft (MSFT), Meta Platforms, Alphabet (GOOGL), Micron (MU), Amazon (AMZN), and Nvidia are all Strong Buys.
