Trump calls Micron one of the hottest companies as NVIDIA secures memory
Article excerpt
The race to build data centers for artificial intelligence raised NVIDIA's purchase commitments to USD $279 billion and exacerbated pressure on memory. Amid this scenario, Donald Trump praised Micron, a company in which he maintains personal investments, while markets assimilate new signs of scarcity and rising prices.Donald Trump called Micron Technology one of the 'hottest' companies in the world, at a time when the expansion of artificial intelligence is transforming the competition for memory chips. The US president's post came a day after NVIDIA revealed a sharp increase in its commitments with suppliers, a sign that memory availability has become a strategic factor for the next generation of data centers. The comment also gains relevance due to Trump's personal financial stake in Micron, valued between USD $1.67 million and USD $6.65 million according to his 2025 financial disclosures. These documents also indicate that he purchased an additional USD $215,000 to USD $550,000 in company shares during March 2026, although the value of the stake may fluctuate with the market.NVIDIA reported revenues of USD $96.22 billion during the second quarter of its fiscal year 2027, a year-on-year increase of 105.85%. The data center division contributed USD $89.02 billion, confirming that demand associated with AI infrastructure continues to concentrate most of the processor...
Keep reading with a free account
The rest of this article, and every signal for Micron, is in your free account.
Extracted from this sentence
Micron announced plans to invest approximately USD $150 billion in domestic memory manufacturing and another USD $50 billion in research and development.
