- MU
- META
- NVDA
A financial disclosure from the Office of Government Ethics shows that President Trump’s brokerage accounts executed over 500 trades in August. Those accounts are managed by third-party institutions, meaning Trump himself was not responsible for the decision to buy or sell any security.
However, the trades are still worth examining. In August, the president’s accounts sold Micron Technology (NASDAQ:MU), with net sales totaling $251,000 to $515,000. Meanwhile, the largest buy was Meta Platforms (NASDAQ:META), with net purchases totaling $5.1 million to $25.3 million.
Missed AI’s “Act 1”? Act 2 Could Be 14x Bigger.Most investors think they missed the AI boat because they didn’t buy Nvidia in 2005. But according to our analysts, we’re only at the end of “Act 1″—the R&D phase. “Act 2” is the global rollout.Continue »
Here’s what investors should <a href="https://myappsplus.com/everything-you-should-know-about-mail-categories-on-your-iphone/” title=”Everything You Should Know About Mail Categories on Your iPhone”>know about these artificial intelligence stocks.
President Donald J. Trump stands at a podium during a White House press briefing. Image
Micron Technology: The stock President Trump’s accounts sold in August
Micron manufactures memory and data storage solutions built on DRAM and NAND flash technology. CPUs store information on NAND (long-term memory) and use DRAM (working memory) to perform tasks. Also, GPUs use a specialized type of DRAM called high-bandwidth memory (HBM), which accelerates complex tasks like artificial intelligence by rapidly feeding data to processor cores.
Micron has benefited greatly from a critical supply shortage in memory chips fueled by the AI boom. However, the company ranks third in DRAM, HBM, and NAND market share after Samsung and SK Hynix, and it lacks a durable competitive advantage because memory chips are considered commodities, as wafers from different suppliers are interchangeable.
“We do not believe Micron has an economic moat,” wrote William Kerwin at Morningstar. “We view DRAM and NAND as commodity-like products prone to market supply/demand dynamics and steady pricing erosion.” However, Kerwin also thinks the AI boom will create a strong tailwind for the company in the medium term.
Micron reported strong financial results in the fourth quarter of fiscal 2026, which ended in September. Revenue increased 379% to $54 billion, driven by strong growth across every business segment. Non-GAAP net income soared to $33.42 per diluted share, an 11-fold increase from $3.03 per diluted share last year.
Micron should benefit as the AI build-out continues to drive demand for memory across GPUs, servers, and storage. Next year, the company expects volume production of its 512GB DDR5 DRAM server modules, which reduce operating power by 60% versus four 128GB modules. Micron also expects volume production of HBM4E, an enhanced version of the HBM4 memory it began shipping earlier this year.
