AMD
NVDA
Ark’s latest two-step
Cathie Wood’s Ark Invest spent Monday doing the investing version of “it’s not you, it’s me.” The firm sold 110,207 shares of AMD across several of its ETFs, a stake trim valued at about $56.2 million based on the day’s close. That’s not exactly subtle.
Meanwhile, Nvidia gets the glow-up
At the same time, Ark loaded up on Nvidia, buying 300,017 shares worth roughly $67.3 million. Why the sudden crush? Nvidia’s fresh Computex reveal — including the RTX Spark, a Blackwell-and-Arm mashup pitched as the most efficient PC chip ever — is giving the stock a new storyline beyond the usual AI GPU hype.
Why this matters for your portfolio
This isn’t just Ark doing random ETF Sudoku. It’s a pretty loud vote on where the AI and PC-chip prize money might be headed.
- AMD is still a major player, but Ark’s steady selling suggests the firm is less excited about its near-term setup.
- Nvidia is flexing both on AI and on consumer/PC chips, which gives it more ways to keep the growth narrative rolling.
- Cerebras also got a mention, but that was more of a side quest than the main event.
Big picture: when one of the market’s most famous growth investors is trimming AMD and buying Nvidia in the same breath, you should probably pay attention — even if the market loves to make chip stocks look like they’re all playing the same game.