Cathie Wood Sold $110 Million of AMD and Bought Nvidia Instead

Cathie Wood Sold $110 Million of AMD and Bought Nvidia Instead

Cathie Wood just dumped one of this year's biggest AI winners to load up on a stock that has barely moved, and the reasoning behind that swap reveals a lot about where she thinks the real opportunity still sits.

ARK Invest Dumps AMD (AMD) Stock, Loads Up on Nvidia (NVDA) and Tesla (TSLA) Shares

ARK Invest sold $110M in AMD stock while buying $81.6M of Nvidia and $17.3M of Tesla shares. SEC approves Tesla's new retail shareholder voting program.

Cathie Wood’s ARK Sells AMD, Buys Nvidia and Tesla in Tuesday Trading

TLDR ARK Invest sold over 181,000 shares of Advanced Micro Devices worth about $110 million on Tuesday. ARK bought more than 356,000 Nvidia shares valued at roughly $81.6 million. ARK also purchased Tesla shares worth $17.28 million through its Innovation fund. The SEC approved Tesla’s new...