4 stories found
Cathie Wood’s ARK Investment Management has offloaded substantial holdings in AMD and Tempus AI, redirecting capital toward Veracyte and other technology firms. The portfolio adjustments reflect shifting strategies within her actively managed funds.
Nvidia has invested $2 billion into a specific chip company, while its competitors in the artificial intelligence chip market are simultaneously attracting record levels of funding. This indicates a period of heightened investment and competition within the AI chip industry.
Cerebras shares dropped following its earnings debut, with the company's margins reported to be below those of its AI chip rivals.
Cerebras shares have sunk following its earnings debut, with the company's margins reported to be below those of its AI chip rivals.