Cathie Wood Scoops $16 Million of Broadcom Ahead of Earnings - Broadcom (NASDAQ:AVGO), ARK Innovation ETF

Cathie Wood Scoops $16 Million of Broadcom Ahead of Earnings - Broadcom (NASDAQ:AVGO), ARK Innovation ETF

Cathie Wood bought $16.2M Broadcom shares before Q3 earnings, expecting AI semiconductor revenue to surge >200% YoY—signaling robust infrastructure capex demand. For IT leaders, the move confirms AI chip and networking capex investments remain durable—critical for stack choices and infrastructure planning in 2026.