Nvidia, tech stocks rally after Trump announces $500 billion Stargate AI project
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,
Beyond Oracle and Nvidia, these stocks and sectors can benefit from the Stargate AI venture
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.
OpenAI Partners Nvidia, Microsoft, SoftBank and Others for New 'Stargate Project' to Build AI Infrastructure
OpenAI stated that The Stargate Project is a new company that will invest $500 billion to build AI infrastructure in the US.
Stargate AI project news sends Oracle and SoftBank stock prices soaring
Announced on Day One of Trump’s second term, the news indicates that artificial intelligence is going to be a priority for the incoming administration. Software giant Oracle and Japan’s SoftBank Group saw their share prices rise by double digits on Wednesday morning.
Oracle, Nvidia and other Big Tech stocks jump as Trump rolls out Stargate AI initiative
President Trump announced a major AI infrastructure investment of “at least $500 billion,” signaling a willingness to work alongside large tech companies.
Oracle Stock Jumps On Report Of 'Stargate' AI Investment Plan With OpenAI, SoftBank
Oracle stock jumped on reports that President Trump will announce a major AI investment from Oracle, OpenAI and SoftBank.
OpenAI, SoftBank, Oracle to invest $500 bln in AI, Trump says
President Donald Trump on Tuesday announced that three leading companies would make a large investment in artificial intelligence infrastructure.
How Stargate Partners Oracle, Open AI, Nvidia And Softbank Aim To Transform Healthcare
The $500 billion Stargate project will be critical to "maintain American leadership in AI," one of the partners said in a ...
SoftBank CEO Masayoshi Son will lead massive $500 billion Stargate project with OpenAI’s Sam Altman and Oracle’s Larry Ellison
OpenAI, Oracle, SoftBank, and MGX are the lead partners in Stargate, according to OpenAI.
Nvidia Partner SK Hynix’s Profit Fails to Impress AI Chip Bulls
SK Hynix Inc. earned a record quarterly profit after the company extended its lead in memory chips used in datacenters and ...
Nvidia Stock Investors Just Got Fantastic Artificial Intelligence (AI) News From President Trump
On Tuesday afternoon, President Donald Trump held a press conference to announce Stargate, a $500 billion artificial ...
Why Nvidia, Microsoft, Oracle, Arm, and Other AI Stocks Are Surging Wednesday
Shares of Nvidia, Microsoft, Oracle, and other AI-related companies surged Wednesday after the Trump administration’s ...
OpenAI and Softbank are starting a $500 billion AI data center company
A plan to build a system of data centers for artificial intelligence has been revealed in a White House press conference, ...
Nvidia Just Became the World's Most Valuable Company. Is It Too Late to Buy the Stock?
The past few years have been undeniably profitable for Nvidia ( NVDA 4.43%) investors. The stock price has surged more than ...
SoftBank Shares Jump After Unveiling $500 Billion Venture With OpenAI
SoftBank Group shares jumped after the company and ChatGPT-maker OpenAI announced plans to invest up to half a trillion dollars in artificial-intelligence infrastructure in the U.S. Shares rose 8.8% ...
Semiconductor legend Lip-Bu Tan told BI his strategy for investing in Nvidia competitors
Energy concerns, diversification and industries ripe for AI disruption are at the core of Lip-Bu Tan's investment strategy.