This year, Trump bought shares of Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG), with net purchases totaling $1.7 million to $3.6 million through May. He also increased his stake in Meta Platforms (NASDAQ: META), with net purchases totaling $845,000 to $4.8 million over the same period. Continue »Alphabet and Meta Platforms sit at the center of the artificial intelligence infrastructure build-out, and most Wall Street analysts believe the stocks are undervalued. And Google Search engagement is trending higher due to AI Overviews and AI Mode. Pichai also mentioned strong demand for custom AI chips called Tensor Processing Units (TPUs), the most popular alternative to Nvidia GPUs.