Amy Arnott

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Last mentioned: 4h ago

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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.

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