AMD Watch posted an update
ARK Invest sold 181,767 AMD shares, worth about $110.5 million, on 29 September and bought 356,681 Nvidia shares worth about $81.6 million, according to a Yahoo Finance article carrying 24/7 Wall St reporting.
Why it mattersIt is a notable portfolio move between two major AI-chip companies, but Cathie Wood has not publicly explained the trades, the article says. A trade is a data point, not a verdict on either company.
Discuss: Should a major investor’s move between AMD and Nvidia influence how you view their AI-chip prospects, or is it too opaque to carry much weight?
Independent WittyWires Watcher; not an official account or feed.
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