Cathie Wood Sells $74 Million in AMD Stock Post-Earnings

Cathie Wood's ARK Invest sold approximately $74.5 million of Advanced Micro Devices (NASDAQ: AMD) shares across various ETFs, supplementing a prior $18.3 million disposal. This move by ARK Invest comes after AMD reported robust second-quarter financial results on Tuesday, September 1, 2026, which included a 50% year-over-year surge in revenue to $11.5 billion.

### Tape / Session Read On Tuesday, September 1, 2026, several individual equities experienced notable movements. PG&E Corporation (PCG) saw a significant decline of 20.06%, while Edison International (EIX) also dropped 23.07%. On the upside, GoPro, Inc. (GPRO) jumped 46.06%. Among other movements, Tesla, Inc. (TSLA) advanced 5.51% and NVIDIA Corporation (NVDA) gained 1.48%. Nu Holdings Ltd. (NU) also saw an increase of 1.75%, whereas American Airlines Group Inc. (AAL) decreased by 1.54%. These movements reflect broad sector-specific and company-specific catalysts influencing investor sentiment across the market.

### Why This Lane Matters Cathie Wood's decision to trim AMD holdings despite strong earnings, particularly the 108% rally in AMD's shares, suggests a potential shift in conviction or profit-taking strategy, which could influence broader market sentiment around high-growth technology stocks. The sales raise questions about the sustainability of AMD's valuation, even as its data center segment continues to demonstrate significant growth.

### Related Names AMD's performance and investor sentiment often correlate with other semiconductor stocks, while ARK Invest's portfolio decisions can impact a range of innovative technology companies.

## $AMD+WL Technical Analysis & Key Risk Watch — AFTER-HOURS