Cathie Wood Goes On Shopping Spree Amid Tech Bloodbath Monday: Loads Up On Tesla, Palantir, Coinbase And These Stocks - Advanced Micro Devices (NASDAQ:AMD)
1. Ark Invest bought 94,377 AMD shares for $9.12 million. 2. AMD's stock closed down 3.67% amid market volatility. 3. Competition from Alibaba's new processor challenges AMD's market position. 4. Ark Invest's total semiconductor purchases approached $14.62 million. 5. Market volatility stems from recession fears and economic concerns.