Cathie Wood’s Ark Invest Doubles Down on AMD with $7 Million Buy
Cathie Wood’s Ark Investment Management has acquired $7 million worth of Advanced Micro Devices (AMD) shares during a market dip, signaling a continued bullish stance on AI hardware. Despite the flagship ARKK ETF underperforming the S&P 500 in early 2026, Wood remains committed to her thesis that the AI sector is not in a bubble.