President Donald Trump purchased between $1 million and $5 million each in shares of six major tech companies on July 23, 2025. The same day, his administration released “Winning the Race: America’s AI Action Plan,” a strategic document outlining more than 90 policy actions designed to cement US dominance in artificial intelligence.
The six stocks: Broadcom, Meta, Amazon, Apple, Microsoft, and Nvidia.
The trades and the timing
The AI Action Plan detailed over 90 specific policy initiatives aimed at advancing AI capabilities across the country. That included executive actions to boost AI-related exports and streamline the approval process for semiconductor manufacturing facilities, both of which directly benefit chipmakers like Nvidia and Broadcom.
The groundwork for this plan had been laid months earlier. Executive Order 14179, signed on January 23, 2025, established the framework by emphasizing regulatory reduction as a cornerstone of the administration’s AI strategy. The July action plan was the operational follow-through.
