ARK Invest Sells $25M in Chip Stocks for Aviation Stakes
The firm reallocates capital from semiconductor giants to electric air-taxi developers as infrastructure plans materialize.
Updated on Oct. 28, 2026 in Semiconductors
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ARK Invest sold $25.6 million worth of semiconductor holdings, liquidating positions in Advanced Micro Devices and Taiwan Semiconductor Manufacturing Co. on October 27, 2026. Simultaneously, the firm increased its exposure to the electric aviation and defense sectors through new equity purchases.
Why it matters
The reallocation shifts investment capital away from high-performance chipmakers toward infrastructure for electric vertical take-off and landing (eVTOL) aircraft. This move tracks with Archer Aviation's recent push to establish air-taxi networks across Texas.
ARK Invest sold 28,966 AMD shares for $15,389,056 and 24,171 TSM shares for $10,257,447. These divestments were balanced by the purchase of 884,681 shares of Joby Aviation and 524,515 shares of Archer Aviation.
The players
ARK Invest
An investment firm focused on disruptive innovation technologies including robotics, genomics, and energy storage.
Advanced Micro Devices
A semiconductor company that designs high-performance processors and graphics cards for data centers and consumer devices.
Taiwan Semiconductor Manufacturing Co.
The world's largest contract semiconductor foundry, manufacturing chips for global tech hardware companies.
Archer Aviation
An aerospace company developing electric air-taxi aircraft for short-distance urban transportation.
Joby Aviation
A developer of electric-powered aircraft aiming to operate air-taxi services in urban markets.
The details
The firm executed these trades across four distinct sectors: chipmaking, electric aviation, defense, and biotechnology. The aviation component is highlighted by Archer Aviation's development of air-taxi networks, which involve landing and takeoff infrastructure for electric vertical take-off and landing vehicles designed for urban transit. These trades appear in unofficial, unreconciled internal records.
Timeline
October 8, 2026: ARK Invest executed prior trades involving AMD and SpaceX.
October 23, 2026: Archer Aviation announced planned air-taxi networks for Texas.
October 27, 2026: ARK Invest divested from semiconductor firms and bought aviation assets.
November 4, 2026: Joby Aviation is scheduled to release its third-quarter financial results.
The Tech Race
This move signals a shift in capital from the infrastructure-level chip supply chain to the operational deployment of electric aviation. It directly follows the pattern established by the 2026 urban air-taxi network expansion plans.
The shift in investment capital underscores the transition from chip-based hardware development to the operational implementation of electric air-taxi networks in Texas. Readers watching the aviation sector should note that the first results from this capital movement arrive with the upcoming earnings release from Joby Aviation.
The takeaway
This divestment indicates a strategic rotation out of established chip foundries into the emerging electric aviation sector. Watch for Joby Aviation’s third-quarter report on November 4 to see if the financial results justify this reallocation of capital.
What happens next
Joby Aviation is scheduled to release its third-quarter financial results after the market closes on November 4, 2026.
Further reading
For more on market shifts in chip manufacturing, visit Semiconductors.
Source note: This article includes information reported by TokenPost.
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