5 Best EV Stocks to Buy According to Cathie Wood

2. Taiwan Semiconductor Manufacturing Company Limited (NYSE: TSM)

Taiwan Semiconductor Manufacturing Company Limited supplies semiconductors for electric vehicles. The company currently has a $593.8 billion market capitalization. For the past 12 months, TSM was able to deliver a 140.68% return and settled at $138.06 per share at the closing of February 12th.

ARK Investment holds 4,507,394 shares of TSM, worth $491.48 million.