Which companies are affected by this news?

Companies directly affected include: SPCX, AMD.

Which industries does this news affect?

Relevant industries include: aerospace-defense, ai-infrastructure, semiconductors.

Cathie Wood buys $36.1 million of tumbling tech stock

July 17, 2026 · 2 sources · High impact · Updated Jul 21, 2026

Cathie Wood's Ark Investment Management has made significant portfolio adjustments, purchasing $36.1 million worth of SpaceX stock (SPCX) while divesting $11.7 million of Advanced Micro Devices (AMD) shares. This indicates a strategic shift towards newly public, high-growth tech companies and profit-taking in established semiconductor holdings.

Affected Companies

SPCX44 ▲3

SPACE EXPLORATION TECHNOLOGIES CORP

$119.85$2.02T cap

AMD97 ▼3

Advanced Micro Devices, Inc.

$503.57$821.12B cap

Affected Industries

Aerospace & Defense35

Early RecoveryModerate momentumTop 86%

AI Infrastructure35

ContractionWeak momentumTop 86%

Semiconductors46

RecoveryWeak momentumTop 61%

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