ARK Invest Sells $40M in TSMC, Increases AI Healthcare Holdings
- Semiconductor Divestment: Between May 14 and 15, ARK Invest sold 100,549 shares of Taiwan Semiconductor Manufacturing Company, valued at approximately $40.6 million, indicating a strategic shift despite TSMC's 35% stock increase this year, reflecting a cautious approach to semiconductor investments.
- Strategic AI Acquisitions: In the same week, ARK accumulated around 255,000 shares of Cerebras Systems, focusing on AI compute infrastructure, and purchased over 162,000 shares of Tempus AI, highlighting a strong interest in healthcare technology and artificial intelligence sectors.
- AMD and Teradyne Reductions: ARK also divested approximately 62,000 shares of AMD worth $10.9 million and over 57,000 shares of Teradyne valued at $20.7 million, actions taken as the iShares Semiconductor ETF experienced a roughly 4% decline, reflecting a cautious stance on the semiconductor industry.
- Fund Performance and Outlook: Despite the ARK Innovation ETF declining 3.81% year-to-date in 2026, underperforming the S&P 500's 8% gain, Cathie Wood remains optimistic about the future, asserting that AI and emerging technologies will drive a
Get Real-Time Alerts for Any Crypto Movement
Technical Analysis for AI
Technical Sentiment Analysis for Sleepless AI (AI). As of , Sleepless AI (AI) is exhibiting a Buy technical sentiment. Our proprietary analysis, which aggregates 3 technical signals, shows that 3 indicators are flashing buy, while 0 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for AI stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.
Support, Resistance & Moving Averages. From a structural perspective, AI is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Sleepless AI (AI) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.0164 | 0.0217 | 0.0252 | 0.0305 | 0.034 | 0.0393 | 0.0428 |
| Fibonacci | 0.0217 | 0.025 | 0.0271 | 0.0305 | 0.0338 | 0.0359 | 0.0393 |
About AI
About the author
