Several major AI stocks rose in early Monday premarket trading after President Donald Trump told reporters the U.S. government may take equity in Big Tech companies.
Nvidia rose over 1%, while fellow chipmakers Marvell and Micron climbed between 4% and 7% and AMD and Intel similarly gained more than 1%, per Investing.com. Trump notably told reporters on Air Force One on Friday that the U.S. government potentially taking a stake in major AI companies “could be a beautiful thing.”
“There’s something very interesting about it, where it almost becomes a partnership with the American public,” Trump said. “It’s like you make them [partners] in this revolution. It would be a beautiful thing. … It would make ’em rich.”
OpenAI CEO Sam Altman previously held several discussions with senior U.S. officials about the idea periodically throughout President Donald Trump’s second term, two of the people familiar with the matter told NOTUS. According to the sources, Altman first mentioned the idea directly to Trump in early 2025, and has spoken with senior administration officials about it recently with the goal of helping AI’s economic benefits become more widespread across the public.
OpenAI and the White House each did not respond to the Daily Caller News Foundation’s request for comment.
While the plan currently remains ongoing and specific details have not been finalized, discussions have centered around the AI companies voluntarily giving the shares to the U.S. government, according to NOTUS. The returns on the investment could then be used to support public initiatives, including distributing potential dividend payments to U.S. households, one of the people told NOTUS.
Altman has also weighed the idea of a new program that could work similarly to Trump Accounts, the administration’s tax-advantaged savings and investment accounts for American children, The Wall Street Journal reported on Thursday.
In November 2025, Altman said that his company had previously discussed with the U.S. government the idea of federal loan guarantees to boost the construction of chip factories across the nation, Reuters reported.
On June 2, Trump unveiled an executive order on AI which aims to “ensure that the best and most secure technology is deployed rapidly to confront any and all threats to our country.”
The U.S. “should lead on AI by continuing to develop the very best models, making sure they’re safe, and getting cyber tools into the hands of trusted defenders,” Altman wrote in an X post responding to Trump’s executive order.
“The new EO gets the balance right,” he added.
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Republished with permission from Daily Caller News Foundation
