- Trump sells Micron stock worth between $251,000 and $515,000, according to an August financial disclosure.
- The same filing shows Meta stock purchases of $5.1 million to $25.3 million, the month’s largest buy.
- Micron stock has slid 14.59% over five sessions despite record fiscal 2026 results.
- Meta reported 28% revenue growth to $60.8 billion in Q2, strengthening its AI investment case.
President Trump sold shares of Micron and bought Meta stock in August, according to a financial disclosure from the U.S. Office of Government Ethics. The filing lists more than 500 trades across his brokerage accounts, which are managed by third-party institutions.
His accounts sold between $251,000 and $515,000 in Micron (MU) shares. The same filing shows Meta purchases worth $5.1 million to $25.3 million, the month’s biggest buy.
Consequently, the trades show how his money managers are reading the AI trade. Micron makes the DRAM, NAND, and high-bandwidth memory that feed data to AI chips, and its fiscal fourth-quarter revenue jumped 379% to $54.23 billion.
CEO Sanjay Mehrotra said: “Micron delivered record fiscal 2026 results, and we expect an even stronger fiscal 2027.” However, the Micron stock selloff has deepened, with MU closing at $878.84 on October 16, down 5.63% on the day.
The shares are down 14.59% over five sessions, though still up about 208% this year. One likely reason Trump sells Micron stock is the worry that memory prices and profits could fall once the shortage eases.
Morningstar analyst William Kerwin noted: “We do not believe Micron has an economic moat. We view DRAM and NAND as commodity-like products prone to market supply/demand dynamics and steady pricing erosion.”
Meanwhile, Meta reported second-quarter revenue up 28% to $60.8 billion on higher ad impressions and prices. In September, the company launched Muse, an AI agent for businesses and consumers.
CEO Mark Zuckerberg said: “Everyone will have an exceptionally capable personal agent that understands you, your goals, and everything you care about.” Morgan Stanley analysts think Meta‘s data puts it in a strong position to lead consumer AI agents.
In August, Meta traded nearly 30% below its high over AI spending fears, making the stock look cheap. That dip may explain why Trump buys Meta stock in size while selling Micron shares in a far smaller amount.
Micron trades at about 12 times earnings versus roughly 27 times for Meta. Wall Street expects Meta to grow earnings around 20% annually for the next three years, putting the Micron vs Meta stock debate in focus.
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