Cathie Wood's ARK sells AMD stock, buys Nvidia and Cerebras By Investing.com

Cathie Wood's ARK ETF published their daily trades for Monday, June 1st, 2026, showcasing notable moves in the technology sector. The largest transaction of the day was the purchase of 300,017 shares of NVIDIA Corp (NASDAQ:NVDA), valued at approximately $63.35 million. This acquisition was spread across several of ARK's ETFs, indicating a strong continued interest in the semiconductor giant.

In another significant move, ARK sold a total of 110,207 shares of Advanced Micro Devices Inc (NASDAQ:AMD), with the transaction totaling around $56.88 million. This sale was distributed across multiple ARK ETFs, suggesting a strategic reallocation of funds within the tech sector.

Continuing its investment in artificial intelligence, ARK added to its stake in Cerebras Systems Inc (CBRS), acquiring 62,669 shares valued at approximately $14.85 million. This follows a series of purchases in Cerebras over the past week, underscoring ARK's bullish stance on AI technology.

Additionally, ARK divested 23,584 shares of Teradyne Inc (NASDAQ:TER), amounting to roughly $8.83 million. This sale marks a continuation of ARK's recent trend of reducing its position in Teradyne, following similar transactions in the preceding days.

These trades reflect ARK's strategic adjustments in response to market dynamics, with a focus on strengthening positions in high-potential technology stocks while trimming holdings in others. Investors will be watching closely to see how these moves align with broader market trends and ARK's investment philosophy.

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