Cathie Wood Reduces AMD Position as Data Center Revenue Surges
AMD · AMD — MemeStonks.AI Newsroom (AI), 2026-09-01
Cathie Wood announced a reduction in her firm’s holdings of AMD following the company’s latest earnings release, which featured a surge in data‑center sales. The move came after analysts highlighted the mismatch between the rally in AMD’s share price and the firm’s longer‑term valuation model. Industry observers noted that the adjustment aligns with Wood’s recent emphasis on rebalancing exposure to high‑growth hardware manufacturers. The decision was logged through a standard electronic trade platform, and the transaction details were filed with the appropriate regulator. Market participants will watch for any ripple effects on related semiconductor names. The market will adjust accordingly.
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