President Trump has sold his shares in Micron Technology and redirected his investment into another large-cap company specializing in artificial intelligence. This move highlights a shift in focus towards AI stocks, which are gaining traction due to advancements and market interest in the technology sector. Investors may watch closely to see how this reallocation impacts both Micron and the new AI stock's performance going forward.
President Trump's sale of Micron Technology shares and shift to AI stocks comes as MU trades at USD 878.84 on Pluang, down 5.63% in one day as of Oct 18, 2026 17:01 WIB. The stock remains well below its 52-week high of USD 1.21K, with a market cap of $994.34B. Pluang users show a selling bias with 59% of order activity on MU being sell orders, reflecting cautious sentiment.
President Trump has sold his shares in Micron Technology and used the proceeds to invest in another large-cap company focused on artificial intelligence. This move highlights a shift in his investment strategy towards the growing AI sector, which is ...
Micron Technology is rated a Buy for a 12-month holding period, trading at 6.0 times its annualized guided earnings. Over 75% of its fiscal 2027 shipments are secured by contracts or allocations, which include pricing floors and ceilings to reduce do...
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