Shares of Nvidia, Microsoft, Oracle, and other AI-related companies surged Wednesday after the Trump administration’s announcement of a $500 billion joint venture spurred optimism about a rising tide of AI investments.

In a significant shift in the landscape of artificial intelligence, President Donald Trump unveiled the Stargate Project, a joint venture involving OpenAI, Oracle, and Softbank. This ambitious initiative aims to invest billions in AI infrastructure across the United States,

But will Nvidia continue to outperform Microsoft in 2025? Let's find out.

The past few years have been undeniably profitable for Nvidia ( NVDA 4.43%) investors. The stock price has surged more than sevenfold over the past two years, and today, it topped the charts as the world's most valuable company in terms of market cap. The stock was up as much as 4.7% Wednesday morning. At 12:32 p.m. ET, the stock was still up 4.1%.

WHEN SAM ALTMAN, boss of OpenAI, posted a gnomic tweet this month saying “There is no wall,” his followers on X, a social-media site, had a blast. “Trump will build it,” said one. “No paywall for ChatGPT?” quipped another. It has since morphed from an in-joke among nerds into a serious business matter.

The $500 billion Stargate project will be critical to "maintain American leadership in AI," one of the partners said in a statement.

With its AI capabilities enabled, the RTX 5090 is the fastest and best-performing graphics card in the world. Can Nvidia's competitors catch up?

Nvidia stock jumped Wednesday, extending gains from the prior day following Trump’s announcement of a massive, $500 billion AI infrastructure project called Stargate. The project will be funded by Oracle,

Apple has joined the board of the Ultra Accelerator Link consortium The link is a key technology that binds GPUs, not unlike synapses on neurons UALink is emerging as the biggest rival to Nvidia's proprietary NVLink Back in June 2024,

The new agreement “includes changes to the exclusivity on new capacity, moving to a model where Microsoft has a right of first refusal (ROFR),” Microsoft says. “To further support OpenAI, Microsoft has approved OpenAI’s ability to build additional capacity, primarily for research and training of models.”

Microsoft will no longer be the exclusive provider of new cloud computing capacity to OpenAI — a new twist in their relationship that clears the way for OpenAI to work with Oracle and others on the $500 billion Stargate AI project announced by the companies Tuesday with President Trump at the White House.

Nvidia’s strong topline growth and AI infrastructure investment bode well. Read why NVDA stock presents a good investment opportunity for long-term growth.