Cathie Wood Buys More NVIDIA And AMD Stock As Chinese Tech Giants Stockpile Chips Amid Looming US Export Curbs - Advanced Micro Devices (NASDAQ:AMD), Adaptive Biotechnologies (NASDAQ:ADPT)
1. Ark Invest increased its stake in AMD and NVIDIA amid semiconductor challenges. 2. AMD shares rose 4.79%, closing at $90.39 after new purchases. 3. Ark's trades reflect confidence in AMD despite U.S. export restrictions. 4. Benzinga Edge ranks AMD's growth in the 66th percentile. 5. Ark's recent activity includes a significant $2.14 million investment in AMD.