ARKK Masses In AMD Amid AI Chip Outlook Test

ARK Investment Management, led by Cathie Wood, increased its stake in Advanced Micro Devices (AMD-US) following a 17% intraday drop to its lowest since May 2017. On February 4, 2026, ARK’s exchange-traded funds bought 141,108 shares at the closing price, adding about $28.2 million to its position. AMD continued to decline on February 5, down 3.8% to $192.50 and an additional 1.9% in after-hours trading. The price weakness followed a fiscal-result disappointment despite exceeding expectations, as the market lacks confidence in the forward guidance that underpins its high valuation. AMD’s stock has risen over 40% since October 2024, heightening growth expectations. ARK also added positions in Tempus AI, Tesla (TSLA-US), GeneDx, CoreWeave (CRWV-US), Bullish, Circle Internet Group, Brera, and Kodiak AI. ARK Innovation (ARKK-US) and ARK Next Generation Internet (which tracks the same fund) delivered 35% and 37% returns in 2025, outperforming the S&P 500’s 16%.