Trump’s Accounts Sell Micron Stock and Buy $25M in Meta
Financial disclosures reveal that accounts managed for Trump sold up to $515,000 in Micron Technology stock while purchasing up to $25.3 million in Meta shares during August.
According to a U.S. Office of Government Ethics financial disclosure, Trump’s accounts have sold Micron stock while purchasing shares of Meta. During August, his brokerage holdings offloaded between $251,000 and $515,000 worth of Micron Technology (MU) equities. Conversely, the same filing reveals a much larger acquisition of Meta stock, with net purchases ranging from $5.1 million to $25.3 million, marking the largest buy of that month.
This revelation arrives amid an ongoing Micron stock selloff, drawing renewed interest to Meta stock investments and the broader debate between Micron and Meta shares.
Also Read: MU Stock Gets Musk’s Praise as 26 Deals Buffer Memory Cycle Risks
Micron Stock Outlook, Meta’s AI Growth And Trump’s Portfolio Shift
The document details over 500 August transactions. Because third-party institutions manage these portfolios, the president did not personally select the equities. Nevertheless, the simultaneous sale of Micron and accumulation of Meta stock highlights how his wealth managers are currently navigating the artificial intelligence trade.
Why Trump Sells Micron Stock After A Record Year
Micron produces DRAM, NAND, and the high-bandwidth memory essential for feeding data to AI processors. Driven by an AI-related memory shortage, fiscal fourth-quarter revenue surged 379% to reach $54.23 billion. Micron CEO Sanjay Mehrotra commented in the earnings report:
“Micron delivered record fiscal 2026 results, and we expect an even stronger fiscal 2027.”
Despite these figures, Micron holds the number three spot in memory market share behind Samsung and SK Hynix. 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.”
A primary motivation behind trimming Micron holdings is likely the apprehension that memory pricing and profitability could decline once the current supply shortage cools.
At the time of publication, the Micron stock selloff has deepened further. MU finished at $878.84 on October 16, declining 5.63% on the day and 14.59% across five sessions, though the stock remains up approximately 208% for the year.
Why Trump Buys Meta Stock As AI Spending Pays Off
Meta—parent company of Facebook, Instagram, and WhatsApp—reported a 28% increase in second-quarter revenue to $60.8 billion, boosted by higher ad impressions and pricing. September marked the introduction of Muse, an AI agent designed to assist consumers and businesses with various tasks. CEO Mark Zuckerberg remarked during the release:
“Everyone will have an exceptionally capable personal agent that understands you, your goals, and everything you care about.”
Analysts at Morgan Stanley believe Meta’s extensive data positions it favorably to capture leadership in consumer AI agents. In August, Meta shares traded nearly 30% below their peak due to market anxieties surrounding AI expenditures, rendering a Meta stock investment relatively inexpensive. This valuation dip may account for the substantial size of Meta’s purchases compared to the much smaller Micron sales.
Micron Vs Meta Stock After The Filing
Putting aside the headlines about liquidating Micron, a comparative look at Micron versus Meta shows Micron trading at a lower valuation of roughly 12 times earnings, compared to approximately 27 times for Meta. On the other hand, Wall Street projects Meta’s earnings to grow by about 20% annually over the next three years.
This divergence forms the core of the Micron versus Meta investment dilemma. While a Meta position relies on consistent advertising revenue, Micron delivers sharper volatility in both directions, as illustrated by the recent selloff. Because the disclosures show Micron sales capped at $515,000 alongside Meta acquisitions reaching up to $25.3 million, the portfolio adjustment clearly demonstrates a significantly heavier bet on Meta than on memory hardware.
