Shares of Nvidia, Microsoft, Oracle, and other AI-related companies surged Wednesday after the Trump administration’s announcement of a $500 billion joint venture spurred optimism about a rising tide of AI investments.
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Nvidia stock jumped Wednesday, extending gains from the prior day following Trump’s announcement of a massive, $500 billion AI infrastructure project called Stargate. The project will be funded by Oracle,
Shares of Nvidia (NASDAQ:NVDA) are jumping over 4% in morning trading after President Trump announced a $500 billion artificial intelligence infrastructure plan yesterday. 24/7 Wall St. Insights: President Trump unveiled Stargate,
Amid investor concerns, the Stargate project significantly boosted Nvidia’s future prospects. President Donald Trump’s announcement of Stargate has positioned Nvidia to benefit significantly from a $500 billion investment aimed at building advanced AI infrastructure in the U.S. over the next four years.
With its current market cap of $3.34 trillion, Nvidia has the potential to reach a $10 trillion valuation within the next decade by leveraging its strengths in critical sectors and seizing new opportunities.
Oracle Corporation stock price is soaring, fueled by excitement over a transformative initiative in artificial intelligence infrastructure.
Oracle (ORCL) shares ended the last trading session 7.2% higher at $172.57. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 4.
Shares of Oracle ( ORCL 6.75%) are flying higher on Wednesday. The company's stock is up 6.4% as of 11:20 a.m. ET, but gained as much as 11.3% earlier in the day. The sharp move came as the S&P 500 and the Nasdaq Composite gained 0.7% and 1.3%, respectively.
Oracle Corporation (NYSE:ORCL) shares are trading higher premarket on Wednesday. On Tuesday, the company disclosed new AI agents and generative AI features in Oracle Fusion Cloud Sales to enhance sales engagement and streamline processes.
Shares of Oracle ( ORCL 7.17%) are on the move today. The firm's stock is up 5.7% as of 1 p.m. ET. The leg up comes as the S&P 500 ( ^GSPC 0.88%) and Nasdaq Composite ( ^IXIC 0.64%) gained 0.6% and 0.3%, respectively.
Selling to the U.S. "could be much bigger than we thought," Reitzes wrote, noting that most of the Stargate spending seems incremental to Nvidia. By his math, even $20 billion in additional spending on Nvidia products during calendar 2026 supports Nvidia's growth rate, while a number like $40 billion isn't out of the realm of possibility.