Cathie Wood Pours $8.5M Into Cerebras Amid Buzz Around AI Chip Upstart, Won't Stop Dumping AMD - Advanced

The AMD Trade The Lisa Su-led company is ramping up production of its Vera Rubin platform, indicating a busy period for Taiwan's semiconductor supply chain. Despite this, U.S.-China policy continues to impact AMD, with China accounting for a significant portion of its net sales. The CBRS Trade Notably, Ark also purchased 42,126 shares of Cerebras on Friday, a transaction estimated to be worth approximately $10.8 million based on the stock's closing price of $256.78 that day. Other Key Trades Sold 16,998 shares of Teradyne Inc. (TER) from ARKK. Bought 2,451 shares of Twist Bioscience Corp. (TWST) through ARKK. Benzinga Edge Stock Rankings indicate AMD stock has a Momentum score in the 98th percentile and a Value score in the 3rd percentile. Photo: PJ McDonnell / Shutterstock Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors. Market News and Data brought to you by Benzinga APIs To add Benzinga News as your preferred source on Google, click here.