MAY 27·benzinga.comMed
Cathie Wood Pours $8 . 5M Into Cerebras Amid Buzz Around AI Chip Upstart , Wont Stop Dumping AMD - Advanced
According to Benzinga, Cathie Wood’s Ark Invest bought 42,126 shares of Cerebras on Friday, estimated at about $10.8 million, while also selling 16,998 shares of Teradyne and buying 2,451 shares of Twist Bioscience via ARKK. The report says AMD is ramping Vera Rubin production, but U.S.-China policy and China’s share of net sales remain key factors for investors.