Cathie Wood Just Dumped $110 Million of AMD--and Bought Nvidia and Broadcom
Advanced Micro Devices (AMD, Financials) just lost another sizable chunk of Cathie Wood's backing as ARK Invest shifted money toward two of its biggest AI-chip rivals.ARK also purchased 356,681 Nvidia (NVDA, Financials) shares for $81.04 million and 76,263 Broadcom (AVGO, Financials) shares worth…