ARK Invest Buys $63M Nvidia Shares, Sells AMD Shares as Nvidia Unveils New Arm-Based Superchip
ARK Invest purchased roughly $63 million of Nvidia stock on Monday while selling a comparable amount of AMD shares. The trades followed Nvidia and MediaTek’s unveiling of a new Grace-Blackwell processor at Computex 2026.
247wallst.comARK Invest funds bought 300,017 shares of Nvidia Corp on Monday for an approximate value of $63 million. The same disclosure showed the funds sold 110,207 shares of Advanced Micro Devices Inc. The trades were reported through ARK Invest’s daily trade disclosure.
Benzinga reported that the purchases occurred after Nvidia and MediaTek unveiled the RTX Spark Superchip at Computex 2026. The RTX Spark Superchip is a Grace-Blackwell processor that pairs a 20-core Arm CPU with up to 128GB of unified memory. The product is aimed at the x86 market segment that AMD has shared with Intel.
Separately, AMD’s lead independent director Nora Denzel sold 10,447 shares of AMD across May 29 and June 2. 45 million.
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