Cathie Wood, the prominent investor behind ARK Invest, has made headlines by selling shares of Taiwan Semiconductor Manufacturing Company (TSMC) for the first time in over two years. This move is part of a broader strategy to reduce her holdings in the chipmaker, which is a key supplier to Nvidia. The sale comes amid a frenzy in Nvidia's stock, with Wood's decision to cut her TSMC stake drawing significant attention. Additionally, Wood is scheduled to speak at the Nvidia GTC conference in two weeks, further highlighting her involvement with the tech giants. This strategic shift in her investment portfolio is being closely watched, especially considering her influential role in the tech investment sphere. TSMC's stock was up 0.7% in pre-market trading following the news.