Paul Pelosi Bets Big on Nvidia (NVDA) Stock Ahead of CHIPS Act News

InvestorPlace2022-07-19

Tomorrow, the Senate is expected to vote on the CHIPS Act, which stands to benefit Nvidia (NVDA) and other U.S. chipmakers.Speaker of the House Nancy Pelosi's husband, Paul Pelosi, purchased up to $5 ...

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Comments

Remotecam
2022-07-19
Remotecam
Pelosi putting money in a sure win bet with NVIDIA+ Chips Act. This is probably why Jason Huang didn't outright declare his support for the Chips Act. It would be below him to outright ask for free tax payer's cash considering how profitable NVDA is. Unlike Intel ...
Leisuretrade
2022-07-19
Leisuretrade
so kelong!
Blading23
2022-07-19
Blading23
Read
Bspn
2022-07-19
Bspn
Ok
Toby_Chua
2022-07-19
Toby_Chua
Money n information make more money that is how this world works
KyveTang
2022-07-19
KyveTang
Up

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Also, tomorrow the Senate is expected to vote on the CHIPS Act, which would involve federal investment in the U.S. semiconductor industry. This legislation stands to benefit Nvidia and other U.S. chipmakers, and NVDA stock is heading higher today.When a high-level politician buys stock shares of a company in anticipation of legislation, this often sparks a fierce debate. What about when a politician’s spouse buys the shares, though? The debate might get more complicated, but it won’t necessarily stop traders from bidding the stock up.Such is the case today, it seems, with NVDA stock. As early as tomorrow, senators are expected to convene to vote on a highly publicized spending bill. It would earmark $52 billion in support of domestic semiconductor production. This, naturally, would benefit U.S. microchip makers like Nvidia.Yet, there may be some controversy mixed in with the excitement on Wall Street. 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For today at least, however, Nvidia is heavily favored on Wall Street and the shares are definitely in the green.","kind":"highlight","is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":9075586039,"gmtCreate":1658225815421,"gmtModify":1676536124664,"author":{"id":"4093854476996450","authorId":"4093854476996450","name":"Remotecam","avatar":"https://community-static.tradeup.com/news/f856a0a30bd0fa23a086fc678014e48b","vip":1,"crmLevel":6,"crmLevelSwitch":1,"idStr":"4093854476996450","authorIdStr":"4093854476996450"},"htmlText":"Pelosi putting money in a sure win bet with NVIDIA+ Chips Act.&nbsp;This is probably why Jason Huang didn't outright declare his support for the Chips Act.&nbsp; It&nbsp;would be below him to outright ask for free tax payer's&nbsp;cash considering how profitable NVDA is.&nbsp; Unlike Intel ...&nbsp;","listText":"Pelosi putting money in a sure win bet with NVIDIA+ Chips Act.&nbsp;This is probably why Jason Huang didn't outright declare his support for the Chips Act.&nbsp; It&nbsp;would be below him to outright ask for free tax payer's&nbsp;cash considering how profitable NVDA is.&nbsp; Unlike Intel ...&nbsp;","text":"Pelosi putting money in a sure win bet with NVIDIA+ Chips Act. This is probably why Jason Huang didn't outright declare his support for the Chips Act. It would be below him to outright ask for free tax payer's cash considering how profitable NVDA is. Unlike Intel ...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9075586039","repostId":2252254821,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9075518048,"gmtCreate":1658223461884,"gmtModify":1676536124363,"author":{"id":"3571826634738651","authorId":"3571826634738651","name":"Leisuretrade","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"hat":"https://static.tigerbbs.com/f84d87792f02cf78e80ee34979fd31e5","crmLevel":5,"crmLevelSwitch":1,"idStr":"3571826634738651","authorIdStr":"3571826634738651"},"htmlText":"so kelong!","listText":"so kelong!","text":"so kelong!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9075518048","repostId":2252254821,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9075284350,"gmtCreate":1658204493370,"gmtModify":1676536122151,"author":{"id":"3565700003213382","authorId":"3565700003213382","name":"Blading23","avatar":"https://community-static.tradeup.com/news/4cd7ba668d1c755bf79285b205abdfb2","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3565700003213382","authorIdStr":"3565700003213382"},"htmlText":"Read","listText":"Read","text":"Read","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9075284350","repostId":2252254821,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9075238574,"gmtCreate":1658200645398,"gmtModify":1676536121619,"author":{"id":"3582502134655895","authorId":"3582502134655895","name":"Bspn","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3582502134655895","authorIdStr":"3582502134655895"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9075238574","repostId":2252254821,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9075231170,"gmtCreate":1658200418790,"gmtModify":1676536121550,"author":{"id":"3576326749731922","authorId":"3576326749731922","name":"Toby_Chua","avatar":"https://community-static.tradeup.com/news/82ec063fd73ccbceee82eab015cdf3fd","vip":1,"hat":"https://static.tigerbbs.com/b073a07f77dbe6b3bec6b12311fde6bd","crmLevel":7,"crmLevelSwitch":1,"idStr":"3576326749731922","authorIdStr":"3576326749731922"},"htmlText":"Money n information make more money that is how this world works&nbsp;","listText":"Money n information make more money that is how this world works&nbsp;","text":"Money n information make more money that is how this world works","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9075231170","repostId":2252254821,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9075209397,"gmtCreate":1658197126919,"gmtModify":1676536121040,"author":{"id":"3560469523027627","authorId":"3560469523027627","name":"KyveTang","avatar":"https://static.tigerbbs.com/58e065f4fa2f156a026cd8867fee7bef","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3560469523027627","authorIdStr":"3560469523027627"},"htmlText":"Up&nbsp;","listText":"Up&nbsp;","text":"Up","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9075209397","repostId":2252254821,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":127,"commentSize":14,"repostSize":0,"favoriteSize":1,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2252254821"}