On Thursday, Cathie Wood’s Ark Invest made some significant trades, with Advanced Micro Devices Inc (NASDAQ:AMD), Robinhood Markets Inc (NASDAQ:HOOD), and Palantir Technologies Inc (NYSE:PLTR) being the most prominent. The AMD Trade: Ark Invest’s ARKK fund bought 45,541 shares of AMD through its flagship ARK Innovation ETF (NYSE:ARKK). The move comes after Oracle Corp’s executive confirmed AMD’s growing traction in the data center chip market for artificial intelligence. AMD is also shifting its focus to the gaming GPU market, aiming to capture 40%-50% of the total addressable market by focusi…
