AMD stock price prediction as Cathie Wood buys 330,000 shares
AMDAMD(AMD) Finbold·2024-08-01 19:36

Advanced Micro Devices (NASDAQ: AMD) reported its Q2 earnings on July 30, showcasing a strong performance during the previous quarter that surpassed analysts’s expectations and potentially motivated Cathie Wood, CEO of Ark Invest (ARKK), to invest a substantial amount in this semiconductor stock.Namely, on July 31, Ark Invest reported a purchase of 328,527 AMD shares worth approximately $47.5 million, according to the latest closing price on July 31, thus increasing Ark Invest’s overall holding of AMD share ...