United States Representative Josh Gottheimer, a Democrat from New Jersey, has just revealed new purchases, and among them, four are direct bets on the Artificial Intelligence (AI) chip industry.
The congressmen bought Advanced Micro Devices, Inc. (NASDAQ: AMDOpinions of the company Micron Technology, Inc. INAnalog Devices, Inc. (NASDAQ: ADI), and Fabrinet (NYSE: FN), the latest Periodic Transaction Report (PTR), according to a reservation by the Clerk of the US House of Representatives on June 3, 2026, and reviewed by Finbold on June 4. The purchases were made between May 1 and May 21, 2026, in accordance with the Stock Act.
Each of Gottheimer’s four purchases of AI equipment fell within the same bracket between $1,001 and $15,000. Gottheimer’s AI chip purchases are best known for his seat on the House Financial Services subcommittee overseeing artificial intelligence.
All four companies are major contributors to the AI boom. In particular, Micro Devices makes the processors that train AI models, and Micron makes the high-bandwidth memory chips we rely on. Meanwhile, Analog Equipment provides the power and signals that store the data center, while Fabrinet makes the optical equipment that connects the AI servers.
Market performance of 4 AI chip stocks
Since Gottheimer bought Micron Technology early last month, MU stock has risen 59%, trading at $1,023.44 at press time. Likewise, the company had a market capitalization of nearly $1.2 trillion on Thursday.
Over the past 30 days, Advanced Micro Devices stock has risen 48%, trading at around $525.86 at press time. As a result, the company’s market capitalization rose to $884.6 billion.
During the same period, ADI stock has gained 6.13%, trading at $429 at press time. Therefore, Analog Devices had a market value of approximately $213.2 billion.
Meanwhile, FN stock has added 9.5% over the past 30 days, trading at $723.04 at the time of reporting. The company’s market capitalization was around $26 billion.
Gottheimer may be betting on the global demand for AI, with these four stocks poised for immediate gains.
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