Cathie Wood's ARK Buys Cerebras, Trims AMD
AMD Advanced Micro Devices Inc
$481.10 +0.40%
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- 1Cathie Wood's ARK bought Cerebras Systems (CBRS) and sold a portion of its Advanced Micro Devices (AMD) stake.
- 2ARK purchased 93,290 shares of Cerebras (about $17.2 million) and sold 7,600 shares of AMD (about $3.5 million).
- 3Cerebras targets the AI inference niche, and Wood views the post-IPO weakness as an opportunity.
This 3-line summary is compiled from the report below.
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