Cathie Wood Says Semiconductor Stocks Risk a Correction
- Wood says lead times are coming down for chip orders
- Semiconductor stocks are among the best performers this year
Cathie Wood
Photographer: Alex Flynn/BloombergThis article is for subscribers only.
Cathie Wood says semiconductor stocks may endure a market correction as the supply chain for the technology perks up.
“The one place we could see a correction — and it’s just a correction, we’re not calling it the end of this at all — is in the chip space,” the head of ARK Investment Management told Bloomberg Businessweek Radio Friday.