U.S. Rep. Nancy Pelosi, D-California, has achieved significant financial gains from her recent investment in Nvidia Corp. (NASDAQ:NVDA), a prominent company in artificial intelligence (AI) and semiconductors. On Nov. 22, Pelosi acquired 50 call options for Nvidia with a strike price of $120, expiring on Dec. 20, 2024. The transaction value ranged between $1 million and $5 million​​. As of early 2024, Pelosi has reportedly made nearly $500,000 from this investment, surpassing her annual governmen
  • TropicalDingdong@lemmy.world
    54·
    9 months ago

    Well considering she made the purchase a couple weeks before there was an announcement of a new chip plant in China. The game is rigged folks.

    I mean. Its absolutely nothing compared to the post ChatGPT runup.

    • doctorcrimson@lemmy.world
      21·
      9 months ago

      If anything I could see that China news harming the stock evaluation. Bad publicity is real, and allying with China is risky in this market.