AMD rises nearly 2%: is Cathie Wood increasing her stake?
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Advanced Micro Devices (AMD stock) rose nearly 2% on Thursday, a small move that caught traders’ attention after a volatile stretch for AI-linked semiconductors. The immediate spark wasn’t an earnings surprise or a new product launch, but fresh evidence of dip-buying from Cathie Wood’s ARK Invest. Daily ETF trade disclosures showed ARK adding to AMD stock, a reminder that some high-profile growth investors are still willing to lean into the chip-and-data-center theme even when the market’s mood turns cautious. ARK’s AMD stock buy sparks fresh interest ARK Invest bought about 30,139 shares of AMD, valued at roughly $6.12 million, according to a trade recap citing the firm’s daily ETF disclosures. The same disclosure snapshot showed ARK buying about $8 million…
22h ago•
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