From Barron's, January 22:
The president sends another signal to markets that AI will be a priority under his second administration.
Nvidia stock rose early Wednesday after President Donald Trump sent another signal to markets that artificial intelligence would be a priority under his new administration.
The absence of Nvidia CEO Jensen Huang at Trump’s inauguration Monday stuck out as Big Tech CEOs thronged to the event. The heads of some of the biggest companies in the world attended: Meta Platforms’ Mark Zuckerberg, Amazon . com’s Jeff Bezos, Tesla ’s Elon Musk, Apple’s Tim Cook, and Alphabet ’s Sundar Pichai.
Yet Trump’s first days in office saw big gains for Nvidia, propelling its market value past that of iPhone maker Apple to $3.45 trillion.
Nvidia shares were up 4% to $146.44 early Wednesday. Shares rose 2.3% Tuesday and are up 9% so far in 2025.
The stock move doesn’t appear to be linked to any significant policies directly linked to Nvidia, but seems more about overall sentiment toward AI companies.
Late Tuesday, the White House, together with Oracle , OpenAI, and SoftBank announced a multibillion-dollar AI infrastructure plan. The joint venture, called Stargate, will build infrastructure to power the next generation of AI, starting with a new data center in Texas. Investments could reach $500 billion over four years. Nvidia was mentioned as a valued partner....
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The stock is up $5.22 (+3.71%) at $146.05, still a ways away from the early January all-time high at $153.13.
As we've mentioned previously, if you want to own the future you should own this one.
Sometimes there's not much else to say.
