Trump praises Nvidia and Micron as proof U.S. chip policies are pulling in domestic investment

President Donald Trump on Thursday celebrated U.S. chip-industry wins on Truth Social, calling Nvidia’s second-quarter results and third-quarter guidance “incredible numbers,” congratulating CEO Jensen Huang, and labeling Micron one of the world’s “hottest” companies for a $10 billion U.S. research-lab plan he tied to its larger domestic manufacturing pledge. Nvidia reported quarterly revenue of $96.22 billion, up 106% year over year, and guided to about $108 billion next quarter, while its shares closed 8.74% higher at $227.98. Trump cast Micron Research Labs—anchored in Boise, Idaho, with spending over a decade on memory supply-chain innovation and collaboration among universities, agencies, chip firms, and customers—as reinforcing a prior more-than-$250 billion U.S. commitment through 2035 and supporting tens of thousands of AI and advanced-computing jobs, and he called CEO Sanjay Mehrotra “fantastic” while claiming companies are investing “trillions” because of his policies. Micron has described the $10 billion as inside that total rather than additive; markets had already priced the mid-August lab announcement, and MU closed Thursday down 0.48% before slipping another 0.8% after hours. The praise landed as the administration weighs semiconductor tariffs that could reach laptops, gaming consoles, and data-center servers, and as disclosures showed Trump traded both Nvidia and Micron stock in earlier periods.

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