Cathie Wood Sells AMD Stock Amid Portfolio Reallocation

Cathie Wood's ARK Invest has been reducing its stake in Advanced Micro Devices (AMD) despite the company’s strong performance and market momentum. The firm sold approximately 80,536 shares worth around $40 million across multiple ETFs last week as part of a broader portfolio reshuffling to invest heavily in SpaceX following its public debut.

By Anushka Mukherji Tue, June 16, 2026 at 9:23 PM GMT+3 7 min read · Yahoo Finance · June 16, 2026, 18:23 UTC

Tickers: $AMD $INTC $NVDA

Topics: AMD ARK Invest Cathie Wood stock sales

Read the full article at Yahoo Finance

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