Cathie Wood buys AMD stock at a discount, sees growth potential in data center GPU market.

From Nasdaq: 2025-01-12 09:17:00

Cathie Wood, CEO of ARK Invest, is known for her high-conviction investments in disruptive companies. Nvidia dominates the AI market with its GPUs, but Wood is now focused on rival AMD. ARK has been steadily increasing its AMD position since October, despite a 21% decline in stock price. Wood sees potential growth in AMD’s data center GPU business.

AMD, Nvidia’s competitor, has gained 10% of the data center GPU market in the last year. With upcoming product releases, AMD is poised to compete with Nvidia in AI infrastructure spending. AMD’s stock valuation has dropped to near 52-week lows, making it an attractive investment opportunity. Wood’s continued interest in AMD suggests long-term growth potential.

Investors may want to consider AMD as an underpriced growth opportunity. Despite the negative sentiment, AMD’s position in the AI chip market makes it an intriguing investment. Wood’s strategy of buying AMD shares at a discount aligns with the potential for future growth. Analysts believe AMD is one of the best stocks to buy right now, offering significant upside potential.



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