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

After Donald Trump announced the $500 billion Stargate project, we examine the U.S.-listed beneficiaries which are least expensive to own.

Stargate, a joint venture between Open AI, Oracle, and SoftBank, will invest $500 billion in building AI infrastructure across the U.S.

Under the Trump administration, OpenAI and other members of the tech sector are making a push to establish AI dominance in the U.S.

Stargate identified NVIDIA NVDA, Microsoft MSFT, and British chip designer Arm (ARM) as "key initial technology partners" to build U.S.-based data centers to power artificial intelligence advancements. OpenAI revealed that $100 billion would be deployed immediately, with up to $500 billion invested over the next four years.

SoftBank, OpenAI and Oracle Corp have announced the creation of a joint company called 'Stargate', which they say will invest $500 billion over the next four years in AI.