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ARK Invest unloaded another large block of AMD shares while putting more than $100 million into Nvidia and Broadcom.
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.
Advanced Micro Devices (AMD, Financials) just lost another sizable chunk of Cathie Wood's backing as ARK Invest shifted money toward two of its biggest AI-chip