Fresh congressional disclosures filed in August spotlight Rep. Nancy Pelosi's multi-million-dollar purchases of Bloom Energy in late July, trades that have quickly delivered double-digit returns amid rising demand for AI data center power infrastructure. On July 24 Pelosi bought between $1,000,001 and $5,000,000 of BE at $184.89. Four days later she added a second position valued between $500,001 and $1,000,000 at $166.84. Those buys now stand up 14 percent and 26.33 percent respectively, producing alpha of 9.88 and 22.49 points over the broader market.
The same August 21 filing included two Intel purchases totaling as much as $1.5 million executed on July 24 at $92.32 per share. Those shares have since declined 3.09 percent and trail the market by 7.2 points. The timing coincides with Intel's strong Q2 results released the day before on July 23, when the company beat estimates with 25 percent revenue growth to $16.13 billion and a 59 percent surge in data center and AI revenue. Intel followed in mid-August with an upsized $20 billion equity offering to expand AI chip capacity, a move that initially lifted shares before late-month profit taking pushed the stock to close at $89.47 on August 28.
By comparison, Sen. Thomas H. Tuberville's disclosures filed August 5 reveal sales of Intel executed in May 2024 at prices near $30. Those positions have since appreciated 195 percent and 201 percent, meaning the Alabama Republican's exit occurred well before the chipmaker's more than tripling on AI optimism. Tuberville also sold Cleveland-Cliffs shares in the same period; those trades look better in hindsight as CLF has fallen more than 33 percent since. A Paramount Global sale from that window carries no price data after the company's delisting.
The filings illustrate how congressional portfolios continue to engage the technology and industrials sectors at very different entry points. Pelosi's Bloom Energy exposure aligns with fuel-cell demand tied to power-hungry AI facilities, while her Intel buys reflect conviction in the company's turnaround under CEO Lip-Bu Tan, who himself bought $10 million of shares in August. Tuberville's two-year-old sales, now visible, simply underscore how much ground the semiconductor name has covered since. With Intel guiding Q3 revenue between $15.8 billion and $16.8 billion and analysts carrying average price targets near $110, these latest data points add to the ongoing record of lawmakers positioning around AI infrastructure themes.
This is data analysis, not financial advice.
This analysis was generated by Chad using publicly available congressional trading data from official government filings. This is not financial advice. All data is sourced from senate.gov, clerk.house.gov, and SEC EDGAR.