Cathie Wood Trims AMD After a 120% Rally — Is the AI Trade Getting Too Crowded?
Cathie Wood is trimming AMD after a massive 2026 rally, but ARK ETFs still hold a sizable stake. Here’s what the move means for AI-focused ETFs.
A famous investor sold some AMD stock after it went way up in price, which might mean she thinks it's gotten too expensive right now. When big investors start selling stocks that have shot up fast, it's worth noticing—it could mean the price might slow down, or it could just mean she's taking profits.
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