Cathie Wood Sells $28 Million Worth Of AMD And TSMC Shares, Loads Up On Nvidia, Tesla And Flying Taxis
Cathie Wood's Ark Invest has actively reshaped its portfolio, offloading an estimated $28 million worth of shares from semiconductor giants AMD and TSMC. This strategic divestment includes significant trims to AMD holdings, totaling over 38,500 shares valued at $16.2 million, following CEO Lisa Su's recent engagement with China's vice premier amid rising server CPU demand for AI. Concurrently, Ark bolstered positions in high-conviction growth areas, notably increasing stakes in AI leader Nvidia, electric vehicle pioneer Tesla, and emerging "flying taxi" companies like Archer Aviation and Joby Aviation, alongside a significant new investment in crypto platform Bullish Inc.












