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Stocks & ETFs to Benefit From Trump's Stargate Project
ZACKS· 2025-05-22 09:26
In early January, President Donald Trump announced a $500 billion artificial infrastructure (AI) infrastructure initiative, spearheading a new company called Stargate. Stargate identified NVIDIA (NVDA) , Microsoft (MSFT) , and British chip designer Arm (ARM) as "key initial technology partners" to build U.S.-based data centers to power artificial intelligence advancements. OpenAI revealed that $100 billion would be deployed immediately, with up to $500 billion invested over the next four years.U.S. Tech Gia ...
Nvidia, Cisco and OpenAI are backing the UAE Stargate data center project
CNBC· 2025-05-16 19:21
Group 1 - U.S. tech giants Nvidia, Cisco, and OpenAI are supporting the "UAE Stargate" artificial intelligence data center announced this week [1][2] - Nvidia will supply hardware featuring the latest Blackwell GB300 systems for the Abu Dhabi data center [1] - The data center will be constructed by the Emirati firm G42, as confirmed by sources [2]