Cathie Wood buys $14 million of megacap AI stocks

Cathie Wood didn’t hesitate when tech investors started flinching. On Feb. 17, ARK’s daily disclosures showed buys of $8 million in Broadcom (AVGO) and about $6 million in Advanced Micro Devices (AMD). That’s a massive $14 million combined push into two of the biggest AI infrastructure giants, just days after a steep risk-off stretch rattling the broader market. The buy-the-dip moment from Wood comes at a time when confidence in AI is wobbling. The S&P 500 is down 2% over the past couple of weeks, Barron ...