Cathie Wood Bets on Palantir Over AMD in AI Stock Shift
TL;DR Summary
Cathie Wood’s ARK Invest tilted into Palantir (PLTR) while trimming Advanced Micro Devices (AMD), buying about 85,485 PLTR shares (~$11.15M) as Palantir posted strong results and raised its 2026 revenue guidance, and AMD posted solid numbers but remained a smaller bet for ARK. Analysts see Palantir's upside (~52%) well ahead of AMD (~16%), with Palantir’s Q1 FY26 results due May 11 and AMD earnings due May 5.
- Palantir or AMD: Cathie Wood Is Leaning Into One AI Bet TipRanks
- Cathie Wood's ARK boosts Palantir, Tesla, Roninhood bets; cuts semiconductor exposure (ARKK:BATS) Seeking Alpha
- Cathie Wood’s ARK buys Palantir stock, sells AMD shares Investing.com
- ARK's $630K PLTR Transaction: Assessing Market Liquidity Bitget
- Palantir's $11 Million Vote of Confidence Amid a 17% Plunge AD HOC NEWS
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