Key Facts about AI Stocks Owned by Cathie Wood
- Cathie Wood, fund manager of Ark Invest, is investing heavily in disruptive stocks, particularly in the AI sector.
- Her notable holdings include Palantir Technologies (NASDAQ: PLTR), which reported 39% revenue growth in Q1 and is being used across various industries through its Artificial Intelligence Platform (AIP).
- Advanced Micro Devices (NASDAQ: AMD) is focusing on AI inference, capturing market share from rivals with an expected larger growth opportunity in this domain.
- Amazon (NASDAQ: AMZN), a leader in cloud computing via AWS, is advancing AI technology through its internal chip development and robotics, recently deploying its 1-millionth robot.
