One thing I love about the internet is that nothing can ever really go unnoticed—this is subsequently its downfall. That being said, "Paul Pelosi purchased between $1 million and $5 million worth of Nvidia stock NVDA, 1.31% on June 17."

What does this mean for $NVDA and chip manufacturers in general?

In this article it's made clear that this move by Mr. Pelosi was conveniently made prior to a meeting to discuss "a bipartisan bill to boost semiconductor manufacturing in the country. The bill aims to provide grants, tax credits and other incentives for companies to manufacture semiconductors in the United States."

While I'm no fan of insider trading, this news can surely help anyone who's thinking of buying $NVDA or other companies that manufacture semiconductors such as $QCOM $INTC $TXN $MU.

Either way, the bill that Mr. Pelosi was apparently privy to earlier than all of us were, is surely one to pay attention to!