--- title: "Cathie Wood Dumps AMD Stock Again, Ark Loads Up on $7.7 Million Worth of This Chipmaker's Shares" type: "News" locale: "en" url: "https://longbridge.com/en/news/296296968.md" description: "Ark Invest sold $1.8 million worth of AMD shares while purchasing $7.7 million in Cerebras Systems stock on August 18, 2026. This move coincides with AMD's recent debt offering and a broader tech sell-off. Additionally, ARKK funds traded Shopify, Illumina, Rocket Lab, and Tempus AI." datetime: "2026-08-19T02:27:24.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/296296968.md) - [en](https://longbridge.com/en/news/296296968.md) - [zh-HK](https://longbridge.com/zh-HK/news/296296968.md) generator: "portal-rs" --- # Cathie Wood Dumps AMD Stock Again, Ark Loads Up on $7.7 Million Worth of This Chipmaker's Shares On Tuesday, **Cathie Wood**-led **Ark Invest** made significant trades involving **Advanced Micro Devices, Inc.** (NASDAQ:AMD) and **Cerebras Systems Inc** (NASDAQ:CBRS). These trades reflect Ark’s strategic positioning amid market fluctuations. ## The AMD Trade The **ARK Next Generation Internet ETF** (BATS:ARKW) offloaded 3,679 shares of AMD on Tuesday. The transaction was valued at $1.8 million. This move comes as the **Lisa Su**-led company’s shares were under pressure and ended 4.27% lower during the regular session at $484.39. The decline was part of a broader retreat from high-beta technology stocks, with Nasdaq futures down 1.19% and S&P 500 futures shedding 0.42%. The sell-off followed AMD’s recent $4.75 billion senior notes offering, which included various notes due between 2029 and 2036. Notably, Ark sold $13.1 million worth of AMD stock on Monday. **Read Also: China's Chip Revenue Hits Record $245 Billion As SMIC and CXMT Lead the Pack: ETFs to Watch** ## The **Cerebras** Trade **ARK Innovation ETF** (BATS:ARKK) and **ARKW** funds collectively acquired 35,089 shares of **Cerebras** on the same day. The purchase was estimated to be worth $7.7 million, based on the closing price of $220.01. Cerebras Systems had recently seen its stock climb 9.55% over five sessions, driven by interest from Situational Awareness, a hedge fund focused on AI infrastructure. The fund, managed by **Leopold Aschenbrenner**, reported significant holdings in Cerebras Systems, highlighting the strategic interest in the company’s role in the AI supercycle. ## Other Key Trades - Ark Invest’s **ARKK** fund sold 50,071 shares of **Shopify Inc.** (SHOP). - Ark Invest’s **ARKG** fund bought 35,501 shares of **Tempus AI Inc**. (TEM). - Ark Invest’s **ARKK** fund sold 32,648 shares of **Illumina Inc**. (ILMN) - Ark Invest’s **ARKK** fund acquired 160,890 shares of **Rocket Lab Corp**. (RKLB) **Benzinga Edge Stock Rankings** indicate AMD stock has a Momentum score in the 97th percentile and Value score in the 4th percentile. **Read Also: Profusa, Baidu, Amylyx Pharmaceuticals, FreeCast and Klarna Group: Why These 5 Stocks Are on Investors' Radars Today** *Photo Courtesy: PJ McDonnell on Shutterstock.com* ***Disclaimer:*** *This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.* ### Related Stocks - [SHOP.US](https://longbridge.com/en/quote/SHOP.US.md) - [CBRS.US](https://longbridge.com/en/quote/CBRS.US.md) - [AMD.US](https://longbridge.com/en/quote/AMD.US.md) - [RKLB.US](https://longbridge.com/en/quote/RKLB.US.md) - [TEM.US](https://longbridge.com/en/quote/TEM.US.md) - [ILMN.US](https://longbridge.com/en/quote/ILMN.US.md) - [SHPD.US](https://longbridge.com/en/quote/SHPD.US.md) - [AMDL.US](https://longbridge.com/en/quote/AMDL.US.md) - [AMUU.US](https://longbridge.com/en/quote/AMUU.US.md) - [ARKK.US](https://longbridge.com/en/quote/ARKK.US.md) - [SHPU.US](https://longbridge.com/en/quote/SHPU.US.md) - [CBRX.US](https://longbridge.com/en/quote/CBRX.US.md) - [CBRG.US](https://longbridge.com/en/quote/CBRG.US.md) - [CBRZ.US](https://longbridge.com/en/quote/CBRZ.US.md) - [AMDD.US](https://longbridge.com/en/quote/AMDD.US.md) - [AMDG.US](https://longbridge.com/en/quote/AMDG.US.md) - [DAMD.US](https://longbridge.com/en/quote/DAMD.US.md) - [AMDY.US](https://longbridge.com/en/quote/AMDY.US.md) - [AMDW.US](https://longbridge.com/en/quote/AMDW.US.md) - [RKLX.US](https://longbridge.com/en/quote/RKLX.US.md) - [RKLZ.US](https://longbridge.com/en/quote/RKLZ.US.md) - [TEMT.US](https://longbridge.com/en/quote/TEMT.US.md) - [SMH.US](https://longbridge.com/en/quote/SMH.US.md) - [SOXX.US](https://longbridge.com/en/quote/SOXX.US.md) - [SOXL.US](https://longbridge.com/en/quote/SOXL.US.md) - [SOXQ.US](https://longbridge.com/en/quote/SOXQ.US.md) - [XSD.US](https://longbridge.com/en/quote/XSD.US.md) - [PSI.US](https://longbridge.com/en/quote/PSI.US.md) - [FTXL.US](https://longbridge.com/en/quote/FTXL.US.md) - [ARKW.US](https://longbridge.com/en/quote/ARKW.US.md) - [.IXIC.US](https://longbridge.com/en/quote/.IXIC.US.md) - [.SPX.US](https://longbridge.com/en/quote/.SPX.US.md) - [00981.HK](https://longbridge.com/en/quote/00981.HK.md) - [ARKG.US](https://longbridge.com/en/quote/ARKG.US.md) - [BIDU.US](https://longbridge.com/en/quote/BIDU.US.md) - [09888.HK](https://longbridge.com/en/quote/09888.HK.md) - [AMLX.US](https://longbridge.com/en/quote/AMLX.US.md) - [HSMD.SG](https://longbridge.com/en/quote/HSMD.SG.md) - [688981.CN](https://longbridge.com/en/quote/688981.CN.md) - [89888.HK](https://longbridge.com/en/quote/89888.HK.md) ## Related News & Research - [02:02 ETHUMAIN Collaborates with Compal to Drive Cloud-to-Edge AI Expansion, Showcasing Partnership at LEAP 2026](https://longbridge.com/en/news/297603333.md) - [AMD May Have Found Its Next Big AI Growth Engine](https://longbridge.com/en/news/296950025.md) - [Tempus AI director Nadja West sells 3,000 shares worth $207,000](https://longbridge.com/en/news/297693362.md) - [Meiji Yasuda Asset Management Co Ltd. 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