Latest news with #ArkInvestment
Yahoo
2 days ago
- Business
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Cathie Wood buys $12 million of tumbling AI stock
Cathie Wood buys $12 million of tumbling AI stock originally appeared on TheStreet. Cathie Wood, head of Ark Investment Management, targets tech companies she believes will lead the next wave of innovation. But she's not a passive investor. She frequently adjusts her positions, buying more when stock prices fall and trimming when they rally, balancing short-term gains and her long-term vision. Invest in Gold American Hartford Gold: #1 Precious Metals Dealer in the Nation Priority Gold: Up to $15k in Free Silver + Zero Account Fees on Qualifying Purchase Thor Metals Group: Best Overall Gold IRA That's what she just did, buying shares of a popular tech stock that has tumbled 36% after earnings. Wood's funds have experienced a volatile ride this year, swinging from sharp losses to strong gains. In January and February, the Ark funds rallied as investors bet on the Trump administration's potential deregulation that could benefit Wood's tech bets. But the momentum faded in March and April, with the funds trailing the market as top holdings — especially Tesla, Wood's biggest position — slid amid growing concerns over the macroeconomy and trade policies. Now, the Ark funds are making a strong comeback. As of Aug. 15, the flagship Ark Innovation ETF () is up 33.7% year-to-date, far outpacing the S&P 500's 9.7% gain. Wood's remarkable return of 153% in 2020 helped build her reputation and attract loyal investors. Her strategy can lead to sharp gains during bull markets but also painful losses, like in 2022, when ARKK dropped more than 60%. Those swings have weighed on her long-term results. As of Aug. 15, the Ark Innovation ETF has delivered a five-year annualized return of negative 1.4%, while the S&P 500 has an annualized return of 15.6% over the same period. Cathie Wood's investment strategy explained Wood's investment strategy is straightforward: Her Ark ETFs typically buy shares in emerging high-tech companies in fields such as artificial intelligence, blockchain, biomedical technology, and robotics. She says these companies have the potential to reshape industries, but their volatility leads to major fluctuations in Ark funds' values. More investing: Once battered AI stock surges 43% after earnings Veteran analyst sounds alarm on Rocket Lab stock after earnings Veteran fund manager turns heads with Palantir stock price target Over the 10 years ending in 2024, the Ark Innovation ETF wiped out $7 billion in investor wealth, according to an analysis by Morningstar's analyst Amy Arnott. That made it the third-biggest wealth destroyer among mutual funds and ETFs in Arnott's ranking. Still, Wood has been bullish on the market. In a letter to investors published in late April, she dismissed predictions of a recession dragging into 2026 and struck an optimistic tone for tech stocks. "During the current turbulent transition in the U.S., we think consumers and businesses are likely to accelerate the shift to technologically enabled innovation platforms including artificial intelligence, robotics, energy storage, blockchain technology, and multiomics sequencing," she said. Many investors share this optimism. Over the past five days through Aug. 14, the Ark Innovation ETF attracted $5.52 billion in net inflows, according to data from ETF research firm VettaFi. That's almost 70% of the fund's $8 billion assets at the end of July. Cathie Wood buys $12 million of CoreWeave stock On Aug. 15, Wood's Ark Next Generation Internet ETF () bought 120,229 shares of CoreWeave Inc. () worth roughly $12 million. The purchase came after CoreWeave tumbled 20.8% on Aug. 13 and another 15.5% on Aug. 14, following earnings that showed a larger-than-expected loss as the company increased spending to meet surging is a cloud infrastructure company specializing in GPU-accelerated computing for artificial intelligence and machine learning workloads. The company is backed by Nvidia () , now the AI chipmaker's largest holding. On Aug. 12, CoreWeave posted a second-quarter loss of 60 cents per share, much wider than Wall Street analysts' forecast of a loss of 45 cents. Still, revenue jumped 207% from a year earlier to $1.21 billion, topping estimates. Operating expenses in Q2 nearly quadrupled, rising 276% to $1.19 billion. 'We are scaling rapidly as we look to meet the unprecedented demand for AI,' said Michael Intrator, co-founder and CEO of CoreWeave. CFO Nitin Agrawal said during the earnings call that the company is "still operating in a structurally supply-constrained environment, where demand far outstrips supply for our products and services." In Q2, CoreWeave's operating margin fell to 2% from 20% a year ago. Agrawal cautioned that the company will "incur some costs prior to revenue generation," which will have a short-term impact on margins. For the current quarter, the company expects revenue between $1.26 billion and $1.30 billion, slightly above the $1.25 billion analysts had forecast. Despite the recent drop, CoreWeave stock is still up 156% since its March debut. While Wood is buying, Morgan Stanley, JPMorgan Chase, and Goldman Sachs are arranging sales of up to $10 billion of CoreWeave stock as the IPO lock-up Wood buys $12 million of tumbling AI stock first appeared on TheStreet on Aug 16, 2025 This story was originally reported by TheStreet on Aug 16, 2025, where it first appeared. 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Yahoo
11-08-2025
- Business
- Yahoo
Does Cathie Wood Know Something That Wall Street Doesn't? 1 Robotaxi Stock She Can't Stop Buying
Key Points Wood has been a longtime supporter of Tesla, and recent buying activity suggests she remains bullish. Tesla is going through a transformative shift as the company finally begins to roll out some of its artificial intelligence (AI) services, particularly robotaxi. While Tesla's robotaxi ambitions are exciting, the company is trading for a frothy valuation despite nominal AI progress thus far. These 10 stocks could mint the next wave of millionaires › Cathie Wood serves as CEO and chief investment officer of Ark Investment Management. While Ark's portfolio boasts positions in many members of the "Magnificent Seven," one particular artificial intelligence (AI) darling seems to have caught Wood's eye as of late. According to recently published trading activity, Ark Invest has been scooping up shares of Tesla (NASDAQ: TSLA) like there's no tomorrow. Let's explore Wood's recent buying activity and assess what might have inspired her to double down on Tesla over the last few weeks. Taking a look at Wood's recent buying activity Unlike many of her peers in the wealth management space, Wood distributes summaries at the end of each trading session which itemize all of the stocks that Ark bought and sold on that day. In the table below, I've summarized Ark's recent activity around Tesla stock. Date Shares Bought July 11 59,705 July 15 115,380 July 24 143,190 Data source: Ark Invest. Over the last few weeks, Wood added 318,275 shares of Tesla which were spread across the Ark Innovation, Ark Next Generation Internet, and Ark Autonomous Technology & Robotics exchange-traded funds (ETFs). Why might Wood like Tesla stock right now? Tesla is primarily known for its electric vehicles and energy storage solutions. But over the last few years, CEO Elon Musk has been making grand promises that Tesla is going to disrupt the AI realm in epic fashion. One of the ways Tesla plans to make a splash in the AI landscape is through its innovations in autonomous driving. The company is introducing self-driving vehicles to the Tesla ecosystem by offering the technology as a service -- primarily within Tesla vehicles purchased by consumers, as well as through the creation of a robotaxi fleet. Wood has been bullish on Tesla's AI pursuits for years, especially the robotaxi business. In fact, Ark's long-run price target of $2,600 per Tesla share relies heavily on optimistic assumptions surrounding the company's ability to scale the robotaxi operation. While Tesla's robotaxi business is still comparatively smaller than Alphabet's Waymo and faces increased competition from the likes of Uber Technologies and its various partnerships, Musk appears undeterred. During Tesla's second-quarter earnings call, Musk proclaimed, "I think we will probably have autonomous ride-hailing in probably half the population of the U.S. by the end of the year." Musk's statement is equal parts bold and speculative -- attributes that are congruent with Wood's growth investing strategy. At the end of the day, I don't think Wood is privy to anything meaningful that the rest of Wall Street isn't, though. Investors like Wood tend to view Tesla through a long-run lens. In other words, some growth investors are not pricing Tesla for what the company is today, but rather they are assessing what the price could become if Musk pulls off his AI vision. While I understand how tempting it can be to follow hype and momentum, valuing narratives is essentially impossible. I think that Wood is optimistic that the robotaxi business will scale meaningfully during the second half of 2025, finally bearing fruit for Tesla as the company shifts from a traditional automaker to a technology business. Is Tesla stock a buy right now? Valuing Tesla stock is an arduous exercise. On the one hand, the company does not fit neatly into the traditional automaker category alongside companies such as Ford Motor Company and General Motors. But on the other hand, Tesla is not purely a technology business much like Apple, Alphabet, Meta Platforms, Nvidia, or Amazon. Rather, Tesla sits at the intersection of car manufacturing, energy storage, AI, robotics, and software. In the chart above, investors can see how Tesla stock tends to trade on narratives well beyond traditional valuation fundamentals. These dynamics can be seen clearly by the company's expanding price-to-earnings (P/E) multiple despite decelerating profitability across the business. While I'm optimistic about Tesla's robotaxi business in the long run, I do question Musk's aggressive timeline of serving half the U.S. population by year end. Beyond variables such as regulatory approvals needed across the country, Musk does have a reputation for missing deadlines. Candidly, I don't think the robotaxi rollout will be any different. For now, I'd monitor Tesla as it scales the robotaxi business. It will take time before AI begins to move the needle for the company from a financial perspective, anyway. For these reasons, I think investors will have ample opportunity -- and probably more reasonable valuation levels -- to buy Tesla stock in the long run. Should you buy stock in Tesla right now? The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $653,427!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,119,863!* Now, it's worth noting Stock Advisor's total average return is 1,060% — a market-crushing outperformance compared to 182% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of August 4, 2025 Adam Spatacco has positions in Alphabet, Amazon, Apple, Meta Platforms, Nvidia, and Tesla. The Motley Fool has positions in and recommends Alphabet, Amazon, Apple, Meta Platforms, Nvidia, Tesla, and Uber Technologies. The Motley Fool recommends BYD Company and General Motors. The Motley Fool has a disclosure policy. Does Cathie Wood Know Something That Wall Street Doesn't? 1 Robotaxi Stock She Can't Stop Buying was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
11-08-2025
- Automotive
- Yahoo
1 Glorious Growth Stock That Could Beat Tesla to This $10 Trillion Opportunity
Key Points Cathie Wood's Ark Investment Management predicts autonomous vehicles will turn ride-hailing into a $10 trillion industry. Tesla launched a supervised autonomous ride-hailing service in June, ahead of the rollout of its Cybercab robotaxi next year. Building a large ride-hailing network might be Tesla's biggest hurdle, but another company has a huge advantage in that area already. 10 stocks we like better than Uber Technologies › Ark Investment Management was founded by seasoned technology investor Cathie Wood. Each year, the firm releases a new edition of its "Big Ideas" report, and the 2025 version outlines how autonomous vehicles could turn ride-hailing into a $10 trillion industry over the long term. Ark predicts these cars will dramatically reduce the cost per mile of transportation, leading to widespread adoption around the world. Tesla (NASDAQ: TSLA) is one of the leading developers of self-driving cars, and it recently launched an autonomous (but supervised) ride-hailing service in the U.S. as a test run for its upcoming Cybercab robotaxi. However, Tesla might not be the biggest winner of the autonomous revolution in the long run. Uber Technologies (NYSE: UBER) operates the world's largest ride-hailing network, and it has all of the infrastructure in place to accommodate the shift toward self-driving vehicles. In fact, some of the biggest developers are choosing Uber's platform to commercialize their autonomous technologies. Uber stock trades at a far more attractive valuation than Tesla stock right now, so here's why it could be a great buy as the self-driving revolution gathers steam. Uber's network is unrivaled Developing the world's best autonomous vehicle isn't Tesla's biggest challenge. Building a ride-hailing network and successfully scaling it so consumers feel confident they can catch a ride anywhere, anytime is the hard part, especially since many other carmakers are likely to enter this race over the long term. Uber has an incredible advantage in that department, because 180 million people use its platform every month for ride-hailing, food delivery, and commercial freight services. Therefore, even though Uber doesn't manufacture autonomous vehicles, it's quickly becoming the go-to destination for companies that do, because they want to access as many potential customers as possible. CEO Dara Khosrowshahi says Uber is already equipped with the necessary infrastructure to help companies deploy their autonomous vehicles, thanks to its 15 years of experience managing utilization in so many different cities. If a company deploys too many vehicles in a given location, Khosrowshahi says up to 95% of them could sit idle during quiet periods. If they don't deploy enough vehicles, they can't provide the timely service customers expect from ride-hailing platforms like Uber. That is a huge challenge for newcomers like Tesla. Plus, Uber has processes in place to quickly handle fare disputes, insurance claims, and lost item returns (when customers accidentally leave valuables behind), which are small but highly necessary services. Uber's list of autonomous partnerships continues to expand Autonomous driving could transform Uber's business from a financial perspective. During the second quarter of 2025 (ended June 30), its 8.8 million active drivers earned a combined $20.8 billion, which was the largest component of its $46.7 billion in gross bookings (the dollar amount customers spent on the platform). If Uber can eliminate that cost, a much larger chunk of its bookings will become revenue and profit. Uber had partnerships with 20 different developers of autonomous vehicles at the end of Q2, which was up from 18 in the first quarter. One of those partners is Alphabet's Waymo, which is already completing over 250,000 paid autonomous trips every week in the U.S. through a combination of its own ride-hailing platform and Uber's. Uber also welcomed China-based Baidu as a new partner in Q2. Its Apollo Go robotaxi service has completed over 11 million autonomous trips in total across Asia and the Middle East, which will supercharge Uber's presence in these high-growth markets. By comparison, Tesla is way behind in the autonomous ride-hailing business. Its full self-driving software isn't approved for unsupervised use anywhere in the world right now, so the company still hasn't cleared the most basic hurdle. The autonomous ride-hailing service it launched in June uses passenger electric vehicles (EVs) like the Model Y and it requires full supervision, which means a human specialist is in the passenger seat at all times in case something goes wrong. Uber stock looks far more attractive than Tesla stock Uber stock might be a better investment than Tesla stock, not only because the company is in a more favorable position to capture the $10 trillion autonomous ride-hailing opportunity, but also because of its valuation. Based on Uber's trailing-12-month revenue of $47.3 billion, its stock trades at a price-to-sales (P/S) ratio of 4.2, making it far cheaper than Tesla stock, which trades at a P/S ratio of 12.4: Uber's profits are also growing significantly, while Tesla's are currently shrinking due to several consecutive quarters of struggling EV sales. However, Uber's price-to-earnings (P/E) ratio is just 15.8, while Tesla's is an eye-popping 186.3, which could open the door to significant downside in the EV maker's stock. As a result, I think buying Uber stock could be one of the best ways for investors to profit from the autonomous revolution. Do the experts think Uber Technologies is a buy right now? The Motley Fool's expert analyst team, drawing on years of investing experience and deep analysis of thousands of stocks, leverages our proprietary Moneyball AI investing database to uncover top opportunities. They've just revealed their to buy now — did Uber Technologies make the list? When our Stock Advisor analyst team has a stock recommendation, it can pay to listen. After all, Stock Advisor's total average return is up 1,060% vs. just 182% for the S&P — that is beating the market by 877.64%!* Imagine if you were a Stock Advisor member when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $653,427!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,119,863!* The 10 stocks that made the cut could produce monster returns in the coming years. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of August 4, 2025 Anthony Di Pizio has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Alphabet, Baidu, Tesla, and Uber Technologies. The Motley Fool has a disclosure policy. 1 Glorious Growth Stock That Could Beat Tesla to This $10 Trillion Opportunity was originally published by The Motley Fool
Yahoo
09-08-2025
- Business
- Yahoo
Cathie Wood sells $28 million of popular AI stock
Cathie Wood sells $28 million of popular AI stock originally appeared on TheStreet. Cathie Wood, chief of Ark Investment Management, frequently adjusts her top positions, adding to a holding when the stock falls and selling when it rises. In the past week, she has sold shares of a popular tech stock that's been climbing this year. Wood's funds have experienced a volatile ride lately, swinging from sharp losses to strong gains. In January and February, the Ark funds rallied as investors bet on the Trump administration's potential deregulation that could benefit Wood's tech bets. But the momentum faded in March and April, with the funds trailing the market as top holdings — especially Tesla, her biggest position — slid amid growing concerns over the macroeconomy and trade policies. Now, the Ark funds are making a strong comeback. As of Aug. 8, the flagship Ark Innovation ETF () is up 29.7% year-to-date, far outpacing the S&P 500's 8.6% gain. Wood's remarkable return of 153% in 2020 helped build her reputation and attract loyal investors. Her strategy can lead to sharp gains during bull markets but also painful losses, like in 2022, when ARKK dropped more than 60%. As of July 30, Ark Innovation ETF, with $6.8 billion under management, has delivered a five-year annualized return of negative 1.46%. The S&P 500 has an annualized return of 15.5% over the same period. Cathie Wood's investment strategy explained Wood's investment strategy is straightforward: Her Ark ETFs typically buy shares in emerging high-tech companies in fields such as artificial intelligence, blockchain, biomedical technology, and robotics. She says these companies have the potential to reshape industries, but their volatility leads to major fluctuations in Ark funds' the 10 years ending in 2024, the Ark Innovation ETF wiped out $7 billion in investor wealth, according to an analysis by Morningstar's analyst Amy Arnott. That made it the third-biggest wealth destroyer among mutual funds and ETFs in Arnott's ranking. Still, Wood has been bullish on the market. In a letter to investors published in late April, she dismissed predictions of a recession dragging into 2026 and struck an optimistic tone for tech stocks. "During the current turbulent transition in the U.S., we think consumers and businesses are likely to accelerate the shift to technologically enabled innovation platforms including artificial intelligence, robotics, energy storage, blockchain technology, and multiomics sequencing," she said. Not all investors echo her optimism. Over the past 12 months through Aug. 7, the Ark Innovation ETF saw $1.8 billion in net outflows, with nearly $885 million exiting the fund in just the past five days, according to ETF research firm VettaFi. Cathie Wood sells $28 million of Palantir stock Wood has been cashing in on Palantir () recently, with Ark funds selling 153,338 shares worth about $28.01 million over three consecutive days from Aug. 6 to Aug. 8. Wood's selling came as Palantir hit a record high of $186.96 on Aug. 8, just days after reporting its strongest-ever second-quarter earnings on Aug. 4. The stock is now up 147.2% year to date, setting multiple records along the provides AI-driven data analytics software to the U.S. government, military, and commercial clients. The stock soared 340% in 2024 as demand for AI infrastructure surged across sectors. Palantir's second-quarter revenue jumped 48% year over year to $1 billion, hitting a milestone analysts hadn't expected until later this year. Adjusted earnings of 16 cents per share topped Wall Street's 14-cent forecast. The company also raised its full-year guidance to between $4.142 billion and $4.150 billion, up from an earlier range of $3.89 billion to $3.90 billion. Palantir's U.S. revenues jumped 68% from a year ago to $733 million for the quarter, largely driven by the U.S. commercial segment, which nearly doubled to $306 million. Its U.S. government revenues rose 53% year-over-year to $426 million, despite massive spending cuts under President Donald Trump and his Department of Government Efficiency, which was formerly led by Elon Musk. Palantir has recently secured a 10-year contract with the U.S. Army worth up to $10 billion. The number is more than three times Palantir's 2024 revenue of $2.87 billion, making it one of its biggest ever. It could also significantly boost Palantir's Remaining Performance Obligations (RPO). Wood said in February that she's moving away from hardware and infrastructure and doubling down on software, with Palantir being one of her top picks. 'Palantir is a very expensive stock, but there's nothing like it in the software space,' Wood said in an interview with CNBC. 'It is, we believe, going to dominate the biggest part of the tech stack when it comes to AI. And that's the platform as a service part of the stack.' Her selling likely reflects a strategy of taking profits while the stock trades at lofty valuations, rather than walking away from it. Wood has often trimmed positions after big rallies to free up capital for other opportunities, while still holding on to her key positions. Palantir is still one of Wood's top bets after recent sales. The stock is now the seventh biggest holding of the ARK Innovation ETF, accounting for 5.04%.Cathie Wood sells $28 million of popular AI stock first appeared on TheStreet on Aug 9, 2025 This story was originally reported by TheStreet on Aug 9, 2025, where it first appeared.
Yahoo
01-08-2025
- Business
- Yahoo
Cathie Wood buys $11 million of surging AI stock
Cathie Wood buys $11 million of surging AI stock originally appeared on TheStreet. Cathie Wood, head of Ark Investment Management, is known for making bold bets on tech stocks she believes will shape the future. She buys even as stock prices surge, betting that long-term gains will overcome short-term volatility. This is what she just did, adding shares of a popular AI stock that has surged more than 9% in the past five days. Invest in Gold Thor Metals Group: Best Overall Gold IRA Priority Gold: Up to $15k in Free Silver + Zero Account Fees on Qualifying Purchase American Hartford Gold: #1 Precious Metals Dealer in the Nation Wood's funds have experienced a volatile ride this year, swinging from sharp losses to strong gains. In January and February, the Ark funds rallied as investors bet on the Trump administration's potential deregulation that could benefit Wood's tech bets. But the momentum faded in March and April, with the funds trailing the market as top holdings — especially Tesla, her biggest position — slid amid growing concerns over the macroeconomy and trade policies. Now, the fund is regaining momentum. As of July 31, the flagship Ark Innovation ETF () is up more than 30% year-to-date, far outpacing the S&P 500's 7.8% gain. Wood's remarkable return of 153% in 2020 helped build her reputation and attract loyal investors. Her strategy can lead to sharp gains during bull markets but also painful losses, like in 2022, when ARKK dropped more than 60%. As of July 30, Ark Innovation ETF, with $6.8 billion under management, has delivered a five-year annualized return of negative 0.72%. The S&P 500 has an annualized return of 16.14% over the same period. Cathie Wood's investment strategy explained Wood's investment strategy is straightforward: Her Ark ETFs typically buy shares in emerging high-tech companies in fields such as artificial intelligence, blockchain, biomedical technology, and robotics. She says these companies have the potential to reshape industries, but their volatility leads to major fluctuations in Ark funds' the 10 years ending in 2024, the Ark Innovation ETF wiped out $7 billion in investor wealth, according to an analysis by Morningstar's analyst Amy Arnott. That made the ETF the third-biggest wealth destroyer among mutual funds and ETFs in Arnott's ranking. Still, Wood has been bullish on the market. In a letter to investors published in late April, she dismissed predictions of a recession dragging into 2026 and struck an optimistic tone for tech stocks. "During the current turbulent transition in the U.S., we think consumers and businesses are likely to accelerate the shift to technologically enabled innovation platforms including artificial intelligence, robotics, energy storage, blockchain technology, and multiomics sequencing," she said. Not all investors share this optimism. Over the past 12 months through July 30, the Ark Innovation ETF saw $1.8 billion in net outflows, with nearly $20 million exiting the fund in the past month, according to ETF research firm VettaFi. Cathie Wood buys $11 million of AMD stock Wood has been picking up Advanced Micro Devices () stock recently, with the Ark funds buying 28,506 shares worth about $5 million this week and 32,846 shares valued at $5.8 million last week. She had sold about 121,000 AMD shares in the first quarter of 2024 (then 38.9% of her total stake) when the stock was riding high. Since then, as the stock has dropped, she's been rebuilding her position, according to data from purchase came as the stock hit a 52-week high of $182.31 on July 29, rebounding from a low of $76.48 in April. The chipmaker is gaining momentum in the AI race after trailing Nvidia () for several months. AMD is raising the price of its Instinct MI350 AI accelerator to $25,000 from $15,000, according to Wccftech's recent report citing HSBC's analyst note. The nearly 70% increase in MI350's price could mean a notable growth in AMD's future revenue. The price increase indicates that AMD is seeing demand for its AI products, the report said. In June, AMD's CEO Lisa Su said at a developer conference that the MI350 series is faster than Nvidia's. Meanwhile, the MI350 is cheaper than its counterpart product from Nvidia's Blackwell B200, Wccftech reported. AMD is set to report its second-quarter earnings on August 5. Three months ago, the company reported stronger-than-expected first-quarter results and gave a solid forecast for the second quarter, even as it faced challenges from the broader economy and export curbs on chip sales to China. 'While we face some headwinds from the dynamic macro and regulatory believe they are more than offset by the powerful tailwinds from our leadership product portfolio,' AMD's CEO Lisa Su said in May. Several analysts are more optimistic and believe AMD may deliver stronger results than expected. Bank of America has raised its price target on AMD to $200 from $175, maintaining a buy rating ahead of the earnings report, according to a research note published on July 29. The firm sees upside supported by solid demand for CPU and GPU, stronger pricing for AI chips, and a robust cloud capex environment, analyst Vivek Arya wrote. AMD is now the 11th holding of the ARK Innovation ETF, according to The stock closed at $176.92 on July 31 and is up 46.4% Wood buys $11 million of surging AI stock first appeared on TheStreet on Aug 1, 2025 This story was originally reported by TheStreet on Aug 1, 2025, where it first appeared. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
