Following Cathie Wood: Bought 300,000 shares of NVIDIA, re-embracing the AI leader! Continues taking profits on AMD at elevated levels

On Monday, U.S. Eastern Time, the three major U.S. stock indices edged higher, all closing at record highs. Market risk appetite improved, buoyed by NVIDIA's official announcement of its first super chip for Windows PCs, the RTX Spark.

On the first day of June, Cathie Wood made bold moves: heavily betting on the AI dominator $NVIDIA (NVDA.US)$ , continuously buying $Cerebras Systems (CBRS.US)$ , taking profits at high levels $Advanced Micro Devices (AMD.US)$ And, $Teradyne (TER.US)$ 。

Buy-side:

Increased NVIDIA (NVDA) holdings by 300,000 shares.As is well known, Cathie Wood exited NVIDIA too early just before its recent explosive rally, missing out on a significant portion of the main upward move. This latest bulk purchase of 300,000 shares marks ARK’s renewed embrace of the undisputed AI chip leader. On June 1, NVIDIA CEO Jensen Huang delivered a keynote speech at the GTC conference in Taipei, announcing that the Vera Rubin architecture has entered full-scale production, entering the PC chip market, and partnering with Unitree to expand into robotics—NVIDIA is building an end-to-end AI ecosystem.

Significantly increased Cerebras Systems (CBRS) holdings by 62,700 shares.Cathie Wood continued her prior pace of accumulation, with the scale of purchases steadily increasing. As one of the hottest emerging stars in AI computing hardware, CBRS’s wafer-scale chip technology represents an alternative path for computational power evolution distinct from NVIDIA’s GPUs. Wood is simultaneously buying the industry leader NVDA—offering high certainty—and heavily betting on the highly explosive and disruptive dark horse CBRS, forming a 'barbell strategy' in AI hardware.

Sell side:

Continued taking profits at high levels, selling 110,200 shares of Advanced Micro Devices (AMD).AMD has been very active recently, loudly announcing accelerated AI ecosystem development and a joint expansion of production capacity with Taiwan Semiconductor, driving its stock up 45% in May. Cathie Wood chose to decisively reduce her position while AMD’s valuation remained elevated, seamlessly reallocating capital to NVIDIA—which offers stronger certainty—and Cerebras, which boasts greater breakout potential.

Took profits on 23,600 shares of Teradyne (TER).As a long-standing leader in semiconductor automated test equipment, Teradyne has repeatedly appeared on ARK's sell list. During the current cycle of rapid AI chip iterations, test equipment companies—positioned in the latter stages of the semiconductor supply chain—may demonstrate stable earnings but lack exponential growth potential. Cathie Wood continues to take profits at elevated levels, removing this traditional hardware exposure from her portfolio.

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