Cathie Wood focused on buying shares of Advanced Micro Devices (AMD) for three ETFs
From Nasdaq: 2025-07-01 10:15:00
Cathie Wood of Ark Invest focused on Advanced Micro Devices (AMD) on the trading floor, buying shares for three ETFs on the final day of June. Wood’s largest fund, Ark Innovation ETF (ARKK), closed the first half of the year with a 24% gain, outperforming the S&P 500 by quadruple.
Wood has been actively trading in June, with a particular interest in AMD. The stock has seen a 17% increase in 2025 and has gained momentum in the data center market. Despite a rough start to the year, AMD has shown growth and potential in the AI revolution, receiving positive analyst feedback.
AMD has faced challenges, including competition from Nvidia, but has shown resilience and growth in recent quarters. The stock has rebounded since early April, with a data center business surge contributing to a 36% revenue growth in the latest quarter. Despite the recent stock surge, AMD’s price remains reasonable for investors.
Wood’s focus on AMD showcases her confidence in the company’s potential for growth. The Motley Fool analyst team has identified AMD as a strong performer, but investors should consider other top stock picks for potential high returns in the future. Stock Advisor has a history of market-crushing returns compared to the S&P 500, providing valuable insights for investors.
Read more at Nasdaq: This Is The Only Stock Cathie Wood Bought on Monday