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 (NVDA) stock jumped more than 4% Wednesday to help lead the tech sector and some chip stocks higher following Trump’s announcement of a massive, $500 billion AI infrastructure project. The project creates a company called Stargate,
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.
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 stock price is soaring, fueled by excitement over a transformative initiative in artificial intelligence infrastructure.
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.
OpenAI has announced that it's teaming up with Softbank and Oracle on $100 billion data center project in the U.S.
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.
As news trickled out about President Trump's announcement of a new $500 billion Stargate joint venture focused on artificial-intelligence infrastructure, some potential beneficiaries emerged. Companies such as Oracle Corp.