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Cathie Wood Loads Up On $9M Worth Of Microsoft, Meta And An Evergreen Chip Stock: Time To Dip Into Tech Shares?

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Benzinga

Cathie Wood‘s Ark Investment Management engaged in a tech-buying spree on Monday during the extended rally in the stock market, acquiring notable tech stocks. What Happened: Through its ARK Next Generation Internet ETF (NYSE:ARKW), Ark purchased shares of two of the “Magnificent Seven” stocks, namely Meta Platforms, Inc. (NASDAQ:META) and Microsoft Corp. (NASDAQ:MSFT). Additionally, the firm increased its holdings of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM), the world’s largest foundry and key supplier to major tech companies, including Apple, AMD, and Nvidia. The details of …

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