Tech companies like NVIDIA, Microsoft, and Oracle to benefit from $500 billion AI infrastructure initiative.

From Nasdaq: 2025-05-22 04:24:00

President Trump announced a $500 billion AI infrastructure initiative, partnering with NVIDIA, Microsoft, and Arm to build U.S.-based data centers. OpenAI will deploy $100 billion immediately, with up to $500 billion over four years. American tech giants are also backing the UAE Stargate AI data center project.

NVIDIA will supply cutting-edge Blackwell GB300 systems for the AI infrastructure project, working alongside the UAE Stargate initiative. Oracle and Cisco are supporting UAE Stargate, with a 10-square-mile data center planned in Abu Dhabi. Saudi Arabia will receive 18,000 NVIDIA AI chips for data centers, with a total investment of $10 billion.

Stocks and ETFs likely to benefit from the Stargate project include NVIDIA, Cisco, Oracle, Microsoft, and AMD. Various ETF options are available for investing in these companies. Zacks Investment Research offers free newsletters and stock analysis reports for interested investors. Stocks and ETFs are expected to see positive growth with the advancements in AI infrastructure.



Read more at Nasdaq: Stocks & ETFs to Benefit From Trump’s Stargate Project