Nvidia Shares Rise 1% on U.S. Public Equity Stake Plan for AI Firms
NVDA•President Donald Trump said his team is exploring a deal for AI companies to grant the American public equity stakes and will meet with Anthropic, OpenAI and xAI executives next week to discuss forming a federal partnership. Nvidia stock jumped over 1% in early premarket trading on the proposal.
1. White House Explores Public Equity Partnership
President Trump announced his team is discussing a structure where major AI developers would allocate equity to the federal government on behalf of U.S. citizens, effectively creating a public-private partnership. A meeting with executives from Anthropic, OpenAI and xAI is scheduled next week to outline potential terms and implementation details.
2. Nvidia Stock Reaction
In early Monday premarket trading, Nvidia shares climbed more than 1% by 04:14 ET as investors reacted to the prospect of a new government partnership model for AI firms. The broader chip sector also saw gains, while Alphabet shares declined by over 1% in the same session.
