Cathie Wood Bets Big on Cerebras | Durham News

Cathie Wood just dumped $6.5 million into Cerebras, betting big on AI chips as the company’s stock surges — and she’s not alone: Morgan Stanley raised its price target, Tiger Global holds a stake, and analysts see massive upside. Wood’s high-stakes play continues despite outflows from her flagship ETF, as she shrinks AMD exposure while doubling down on Cerebras — convinced AI will be the profit engine of the next decade, letting winners separate from the pack.

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