Quartz·1 min read·easy

Cathie Wood's ARK is buying the AI chip dip while dumping Deere stock

Cris Tolomia
AI Summary

Cathie Wood's ARK Invest has increased its holdings in AI chip manufacturers while simultaneously reducing its position in Deere & Company. This move reflects a strategic shift in the firm's portfolio toward high-growth technology sectors.

Cathie Wood's firm added roughly $43M in AI chip stocks on Monday while continuing to pare its Deere position

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