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Cathie Wood Sells $11.7 Million of AMD Stock 2 Days After Ed Zitron Forecast Its Fall Due to OpenAI

International Business Times UK — July 20, 2026 at 11:17 AM UTC

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Cathie Wood Sells $11.7 Million of AMD Stock 2 Days After Ed Zitron Forecast Its Fall Due to OpenAI

Cathie Wood's Ark Invest sold 23,573 AMD shares after AI critic Ed Zitron claimed OpenAI's unsustainable finances are impacting chipmakers, raising risks of a market crash.