As of Aug. 3, Advanced Micro Devices (NASDAQ: AMD) has delivered returns of around 180% over the last year. This occurred as the company became more competitive with market leader Nvidia in the AI accelerator ****** e.
Not surprisingly, those gains have brought much higher valuations, which likely was a factor in Cathie Wood's Ark Invest selling some of its AMD shares. Despite those sales, longer-term investors probably should not sell, and here's why.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Admittedly, the pullback might indicate it is a good time to sell for some shareholders. Investors tend to sell the news, and AMD's recent Advancing AI 2026 event had multiple announcements.
To that end, Ark Invest reduced its AMD holdings in July, and the $11.8 million sale on July 17 is merely a part of the $68.1 million in AMD stock that Ark Invest sold during that month. Investors should remember that Ark Invest is more of an active trader than a buy-and-hold investor, so the moves are also likely a measure of its investment approach.
#signal
Not surprisingly, those gains have brought much higher valuations, which likely was a factor in Cathie Wood's Ark Invest selling some of its AMD shares. Despite those sales, longer-term investors probably should not sell, and here's why.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Admittedly, the pullback might indicate it is a good time to sell for some shareholders. Investors tend to sell the news, and AMD's recent Advancing AI 2026 event had multiple announcements.
To that end, Ark Invest reduced its AMD holdings in July, and the $11.8 million sale on July 17 is merely a part of the $68.1 million in AMD stock that Ark Invest sold during that month. Investors should remember that Ark Invest is more of an active trader than a buy-and-hold investor, so the moves are also likely a measure of its investment approach.
#signal
2 days ago
