Cathie Wood Scoops $16 Million of Broadcom Ahead of a Crucial AI Earnings Test
Cathie Wood’s ARK Invest bought $16 million of Broadcom ahead of earnings, betting on the AI chipmaker as AI infrastructure spending accelerates.
A famous investor bought $16 million of Broadcom stock before the company reports earnings—she thinks AI chip demand is growing fast. When smart investors make big bets like this, it can signal they're confident about a company, but earnings results will show if that bet was right.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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