20 stocks that could benefit from Trump's Stargate AI project

23 Jan, 2025 | Livewire
20 stocks that could benefit from Trump's Stargate AI project

We recently shared our insights on Livewire regarding the potential impact of Trump's Stargate AI project on global equities. As a global equities fund, Minotaur Capital closely monitors developments in artificial intelligence and their effects on various sectors. The article highlights 20 stocks that could benefit from this massive AI infrastructure initiative, including semiconductor, data centre, and energy companies. Key players like NVIDIA, Micron Technology, and Vertiv Holdings were identified as potential beneficiaries. In the nuclear and uranium sector, Cameco and Atha Energy were noted.

The article discusses the project's $500 billion commitment from private investors and its potential to create over 100,000 jobs in the US. It also explores the energy demands of AI data centres and the role of nuclear power in meeting these needs.

On NVIDIA, we stated:

"We bought back into NVIDIA (NASDAQ: NVDA), as we became more confident about the runway of spend... We believe that it becoming widely available at a reasonable cost is now more a question of when not if."

As fund managers, we continually analyse global equities strategies to identify top-performing opportunities in AI and related technologies. Our approach focuses on long-term trends while remaining agile to capitalise on emerging developments in the global equities market.

To read the article, click the link below.

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