On Tuesday, Cathie Wood-led Ark Invest made significant trades, with Advanced Micro Devices Inc (NASDAQ:AMD) and Palantir Technologies Inc (NYSE:PLTR) being the most prominent. The AMD Trade Ark Invest purchased 47,717 shares of AMD. The trade was made by the ARK Innovation ETF (NYSE:ARKK) fund and represents 0.1251% of the ETF. Based on the closing price of AMD at $142.84 on the same day, the value of the trade is approximately $6.8 million. The purchase comes in the wake of AMD’s announcement of its upcoming “Advancing AI 2024” event, scheduled for October 10, 2024. The event will showcase t…
