Cathie Wood's ARK Invest: Dumping Palantir, Buying Top AI Infrastructure Stocks

ARK Invest's Strategic Pivot

• 🎯 ARK Invest's Q3 2025 13F filing reveals a significant capital rotation, moving away from older holdings.
• ⚠️ The firm is reducing positions in consumer-facing, ad-dependent, or macro-sensitive companies like Palantir, Coinbase, Roku, Roblox, and Shopify.
• 🚀 ARK is aggressively repositioning capital towards companies at the heart of the AI infrastructure buildout, believing the biggest gains will come from enabling and powering AI, not just applications.

Advanced Micro Devices (AMD)

• 📈 ARK boosted its AMD position by nearly 13%, now holding over 3 million shares, signaling strong long-term conviction in the AI economy.
• 📊 AMD delivered a strong quarter with revenue up 35% year-over-year, showing momentum across client, gaming, and crucially, data center segments.
• 💡 A key catalyst is AMD's multi-year deal with OpenAI for its Instinct MI300 and MI450 accelerators, positioning it as a true competitor in the GPU acceleration market.

Coreweave's AI Cloud Dominance

• ⚡ ARK dramatically increased its Coreweave position by over 37%, viewing recent stock dips as an opportunity rather than a red flag.
• ☁️ Coreweave is building the world's first hyperscale cloud specifically for AI workloads, offering high-density GPU clusters and low-latency networking.
• 💰 The company reported $1.36 billion in Q3 2025 revenue (up 134%) and a staggering 271% growth in its backlog, now at $55.6 billion, despite temporary construction delays.

Alphabet's Dual AI Momentum

• 🔥 ARK made an extraordinary move, increasing its Alphabet position by more than 153%, an aggressive repositioning into a critical AI platform.
• 🌐 Alphabet's transformation is driven by AI-enhanced consumer platforms and AI-powered cloud infrastructure, both showing new momentum.
• 💡 Google Cloud revenue grew 33%, with its backlog surging to $155 billion, and a major deal with Anthropic commits to delivering over 1 million Ironwood TPUs by 2026.

Future AI Growth Strategy

• ✅ ARK Invest's Q3 reshuffling reflects a strategic pivot towards the deepest and most scalable layers of artificial intelligence.
• 🔑 The investments in AMD, Coreweave, and Alphabet are seen as bets on companies building the engines, platforms, and superstructures that the future AI economy will rely on.
• 💰 This strategy positions ARK for the next transformative decade of AI growth by focusing on compute, infrastructure, and enterprise cloud solutions.