Financial disclosure reports show that investment accounts linked to President Donald Trump sold between $90,000 and $116,000 worth of Micron (MU) stock and bought $246,000 to $3.7 million of Nvidia (NVDA) shares. The trades, likely handled by third-party managers rather than the President himself, raise the question of whether retail investors should follow suit.
Why Sell Micron for Nvidia?
Both Micron and Nvidia have been major winners in the AI boom. Micron is the only US-based company operating at scale in AI memory chip manufacturing, trailing behind SK Hynix and Samsung. The move may reflect a portfolio rebalancing or a more favorable near-term outlook for Nvidia. However, the sale does not mean the accounts fully exited Micron—only that they were net sellers.
Wall Street Stays Bullish on Micron
Despite the Trump-linked sale, analysts remain optimistic about Micron. Barclays and Cantor Fitzgerald have set price targets around $200. Key drivers include rising AI spending, strong demand for memory chips, and Micron's $250 billion domestic investment plan. Investors should weigh this analyst confidence against the President's portfolio moves, which may not reflect his personal decisions.