‘Only in America’: Trump hails Nvidia’s record $96.2B quarter and Micron’s massive $250B US bet — are you cashing in?
“The Golden Age of America is HERE.”
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President Donald Trump has never been shy about celebrating corporate wins he sees as evidence of American economic dominance. Now, he's directing attention toward two companies sitting at the heart of the artificial intelligence boom — and the numbers are becoming difficult to ignore.
One of those companies is Nvidia — arguably the hottest major tech stock of the past five years.
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"Nvidia just announced Record Sales of 96.2 Billion Dollars, forecasting a 70% rise in Revenue in 2028," Trump wrote (1), congratulating CEO Jensen Huang on the company's "incredible numbers" before adding: "Only in America!"
Nvidia reported (2) a record $96.2 billion in quarterly revenue, up 106% from last year. Its data center business alone generated $89 billion, representing a stunning 117% year-over-year jump.
Net income reached nearly $59.7 billion, while Nvidia projected revenue of roughly $108 billion for the current quarter — even without assuming any data center computing sales to China.
The other company Trump highlighted was Micron — another Wall Street darling benefiting from the AI boom.
Trump didn't mince words, calling (3) the memory-chip manufacturer "one of the 'HOTTEST' Companies in the World."
The immediate catalyst was Micron's announcement (4) of a planned $10 billion investment in new research labs over the next decade.
But that new research push comes on top of something much larger: Micron has already committed more than $250 billion to manufacturing and research and development across the U.S.
As Trump explained: "Combined with their previous TREMENDOUS 250 BILLION DOLLAR commitment, they are creating over tens of thousands of Great American Jobs."
Trump credited his administration's policies for bringing critical technologies back to the United States, declaring, "We are strengthening our Economy and WINNING BIG! The Golden Age of America is HERE."
Investors who held these stocks have certainly been winning big. Over the past five years, Nvidia has delivered a total return of more than 850%, while Micron has surged by nearly 1,200%.
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