Trump Unveils Stargate AI Infrastructure Project: ETFs in Focus
Stargate identified NVIDIA NVDA, Microsoft MSFT, and British chip designer Arm (ARM) as "key initial technology partners" to build U.S.-based data centers to power artificial intelligence advancements. OpenAI revealed that $100 billion would be deployed immediately, with up to $500 billion invested over the next four years.
3 Stocks to Buy After Trump’s Stargate Announcement
The impact of this deal on the stock market has been quite bullish, especially for AI-related companies and those involved in the deal. Arm Holdings ( NASDAQ:ARM) is up over 12% since the deal and SoftBank is also up 12%. Oracle has gained 13%.
President Trump on Tuesday announced a $500 joint venture with Oracle, OpenAI, and SoftBank to build AI infrastructure in the ...
Sam Altman, CEO of OpenAI, has publicly expressed his support for President Donald Trump. This revelation comes years after ...
Oracle's shares jumped nearly 9% before the bell on Wednesday after U.S. President Donald Trump said the company would make a ...
The effort was described as a $500 billion investment in artificial intelligence. Read how a small Texas city with a ...
Oracle's stock surges 8.51% after Trump announces $500B AI initiative, solidifying its role as a key AI provider. CEO Ellison ...
President Donald Trump has announced a new 'Stargate' initiative focused on expanding artificial intelligence data center ...
Stocks closed solidly higher on Thursday for the fourth straight session as investor optimism about the Trump administration continues to run high.
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