Cathie Wood's Ark Piled Into Nvidia and Taiwan Semiconductor After Meta's Earnings Miss. Here's What It Signals for Artificial Intelligence (AI) Stocks.

The article says Cathie Wood’s Ark Invest bought roughly $15 million of Nvidia and $14.7 million of Taiwan Semiconductor after Meta’s earnings underscored rising AI capex. Meta raised 2026 capex guidance to $130 billion-$145 billion and spent $31.1 billion in Q2, signaling continued demand for AI infrastructure. The piece argues that more hyperscaler spending should benefit Nvidia as a leading GPU supplier and TSMC as Nvidia’s chip manufacturer. It also notes both stocks trade at about 25x forward earnings, which the author views as reasonable versus prior AI-cycle valuations. Overall, the article is bullish on AI semiconductors and suggests capital may be rotating from hyperscalers toward infrastructure providers.