Marjorie Taylor Greene Doubles Down on AI Boom With New Buys
Georgia Rep. Marjorie Taylor Greene has been on a roll this year. In 2024, she has already placed trades worth $1.97 million, of which $1.91 million were buys. This marks her most active year since taking office in 2021 by a wide margin. Since 2021, her trades have totaled $3.58 million.
Greene recently disclosed several trades of companies that can be classified as artificial intelligence (AI) beneficiaries. This is notable because she is a member of the Subcommittee on Cybersecurity, Information Technology, and Government Innovation.
The first is Applied Materials (NASDAQ:AMAT), which is up by over 30% year-to-date (YTD). The company can be thought of as a pick-and-shovel play for the semiconductor industry, as it creates technology for semiconductor manufacturing. Greene picked up between $1,001 and $15,000 of AMAT stock on July 24.
Next up is Dell Technologies (NYSE:DELL), which provides personal computers, server equipment and data storage. On the same day, Greene purchased between $1,001 and $15,000 of DELL.
https://investorplace.com/2024/07/marjorie-taylor-greene-doubles-down-on-ai-boom-with-new-buys/