Cathie Wood Dumps AMD Stock Again, Ark Loads Up on $7.7 Million Worth of This Chipmaker's Shares
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- Ark Invest offloaded 3, 679 shares of Advanced Micro Devices, Inc. valued at $ 1. 8 million amid a broader retreat in technology stocks.
- The fund simultaneously acquired 35, 089 shares of Cerebras Systems Inc. worth $ 7. 7 million, driven by strategic interest in AI infrastructure.
- Additional portfolio adjustments included selling shares of Shopify Inc. and Illumina Inc. while buying shares of Tempus AI Inc. and Rocket Lab Corp.