President Donald Trump on Thursday celebrated wins for the U.S. chip industry, praising Nvidia Corp.‘s (NASDAQ:NVDA) robust revenue guidance following strong second-quarter results and Micron Technology Inc.‘s (NASDAQ:MU) new $10 billion research investment as proof that his policies are drawing in trillions in domestic investment.
Congratulates Jensen Huang On Nvidia’s Numbers
Trump praised Nvidia’s results in a post on Truth Social, calling them “incredible numbers,” and added, “Congratulations to Jensen Huang… Only in America!”
The company posted second-quarter revenue of $96.22 billion, up 106% from a year earlier, alongside third-quarter guidance of $108 billion, a figure that would represent roughly 1,730% revenue growth over four years, and fiscal 2028 revenue growth guidance of 70%.
Trump Says Micron Is Bringing Critical Technology Back to the US
