Committed to securing re-election to Congress, Rep. Marjorie Taylor Greene, the Republican congresswoman from Georgia, took time out of her schedule to make some adjustments to her investment portfolio before Election Day. In early November, she went on a buying spree, picking up shares of several artificial intelligence stocks (AI) in addition to those from other industries.
The additions included Advanced Micro Devices (NASDAQ: AMD), Apple (NASDAQ: AAPL), Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B), Digital Realty Trust (NYSE: DLR), Meta Platforms (NASDAQ: META), and Tesla (NASDAQ: TSLA). While it’s not clear exactly how much Greene invested in each stock, her regulatory filing reveals that each transaction on Nov. 1 was valued between $1,001 and $15,000.
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There’s no denying that Greene is incredibly bullish on the future of AI, consistently buying shares of companies that offer various sorts of exposure to the burgeoning field. AMD, for example, first made its way onto Greene’s buy screen in 2022.
More recently, she picked up shares of the semiconductor maker this past May, lowering her average trade price thanks to a slight market sell-off after the company reported third-quarter 2024 financial results. Whereas shares closed at $164.66 on May 21, they ended the trading session on Nov. 1 priced at $141.86.
Like AMD, Apple is a position that Greene steadily built, having now bought it three times in 2024. Just prior to her buying Apple stock, the company reported strong fourth-quarter 2024 financial results.
In addition to strong year-over-year revenue and earnings growth, the company emphasized its push into AI with its Apple Intelligence tool that will be available on the iPhone, iPad, and Mac.
Broadening her AI exposure, Greene increased her position in Digital Realty Trust, a real estate investment trust (REIT) specializing in data centers, where the high computing load required of AI programs is handled. Digital Realty Trust provides…
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