Cathie Wood Keeps Buying the Dip on SpaceX, Adds $20 Million of TSMC as Chip Stocks Slide - Taiwan Semico

Cathie Wood Keeps Buying the Dip on SpaceX, Adds $20 Million of TSMC as Chip Stocks Slide - Taiwan Semico

Ark bought $14.5M SpaceX (facing $26B shorts, 35% float sold) and $20.1M TSMC (down 7% monthly) on July 29. For tech leaders, the contrarian positioning signals structural demand for space infrastructure and chip supply as foundational to AI capex strategy.