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Cathie Wood Predicts Potential Correction in Semiconductor Stocks Amid Supply Recovery
$ARK Innovation ETF (ARKK.US)$ Cathie Wood of ARK Investment hints at possible correction in semiconductor stocks.
Points to improving supply chain conditions for tech components.
Nvidia's shares surged 80% this year, following a 240% increase in 2023.
Wood cites eased shortages in GPUs and reduced lead times for Nvidia orders.
Points to improving supply chain conditions for tech components.
Nvidia's shares surged 80% this year, following a 240% increase in 2023.
Wood cites eased shortages in GPUs and reduced lead times for Nvidia orders.
Suggests past double and triple ordering amid shortages will need inventory adjustment.
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Pollster : If Cathie says there might be a correction , then I am quite confident that there might not be a correction
16055153 : Casey is a joke![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")