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Ark's Wood Favors Nvidia, AMD in Volatile Chip Cycle

Macro·1 article across 1 outlet

Story updated Rewritten when the story materially grows; the wire is checked every 15 minutesAbout this data

Cathie Wood, founder, CEO and CIO of Ark Investment Management, discusses why she avoids traditional memory-chip players, saying the business cycle is 'most volatile.' Speaking on Bloomberg Television, Wood adds that we are 'just at the beginning' of the artificial intelligence revolution.

Wood emphasizes her preference for Nvidia and AMD, indicating a strategic focus on companies that align with the ongoing advancements in AI technology.

Cathie WoodNvidiaAMD

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