Cathie Wood sells $35M in AMD shares near record highs, locking in gains ahead of a pivotal earnings report that could disrupt AI chip momentum.
Key takeaways
- Cathie Wood Sells Significant AMD Shares Ahead of Earnings Report
- Cathie Wood just unloaded $35 million worth of AMD shares, pocketing profits days before the chipmaker’s next earnings report. The sale—roughly 200,000 shares—came thr...
- Wood’s timing is as strategic as ever. AMD stock has surged more than 30% since mid-April, fueled by feverish demand for AI-capable chips and a market rotation into se...
- This isn’t a blanket exit. ARK still holds a sizable AMD stake, reflecting Wood’s typical discipline: trim on strength, reload if volatility knocks prices down. But ca...
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