President Donald Trump’s ambitious $500 billion Stargate Project is eyeing future investment potential in the UK, according to the Financial Times. The Stargate project is backed by Japan’s SoftBank Group (SFTBY), Oracle (ORCL), and artificial intelligence (AI) magnate OpenAI. The companies are looking for investments outside of the U.S. for building the global infrastructure required to support powerful AI models.
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UK Aims to Become an Emerging Global Hub for AI
UK Prime Minister Keir Starmer is promoting the country as the emerging global hub for AI opportunities, with the aim to establish the UK as an AI “superpower.” The country is promising access to vast energy resources, availability of public data for model training, as well as creating dedicated data center zones for infrastructure development. Meanwhile, Germany and France are also looking as strong investment candidates, thanks to their tremendous electricity supply. The report added that the international expansion will only happen if the project back in the States proves successful.
Sam Altman-led OpenAI has touted the UK as one of its next favored destinations for expanding AI investments. In February, Altman said that he would love to do a “Stargate Europe” project. The AI startup has already spread its wings across the European continent, with offices in London, Paris, Brussels, and Munich. The Microsoft (MSFT) backed company has also lobbied European authorities to relax their laws surrounding AI development. According to the report, the European Commission recently announced plans to boost its AI data center investments and simplify rules around its AI Act to accelerate development in the sector.
Launched in January 2025, the Stargate Project plans to invest up to $100 billion in data center infrastructure during its initial phase, with an aim to invest a total of $500 billion over the next four years. Construction is already underway on the first data center plant in Abilene, Texas, and the team is looking at 16 other states as potential sites for future buildings. SoftBank is leading the first round of funding, and is strategizing to invest capital through both equity and debt channels. However, Trump’s sweeping tariffs threaten to disrupt Stargate’s ambitions, as they stand to jeopardize global supply chains and hike up the prices of goods imported to the U.S.
Which Stocks Will Benefit from Stargate?
We used TipRanks Stock Comparison Tool to identify which company among the potential beneficiaries of Project Stargate is the most favored by analysts. Investors can choose to invest in any of these companies after thorough research.
Currently, Taiwan Semiconductor (TSM), Nvidia (NVDA), and Microsoft score Wall Street’s “Strong Buy” consensus rating, with NVDA stock offering the highest upside potential among them.
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