U.S. House Financial Services Committee Member Josh Gottheimer Discloses Major Purchases of Microsoft and AMD Stocks

Josh Gottheimer, a centrist Democratic congressman on the House Financial Services Committee, disclosed in a June 3 filing that he made significant purchases of Microsoft (MSFT) and AMD (Advanced Micro Devices, Inc.) shares in May. In particular, his combined buy orders for Microsoft totaled between $750,000 and $1.5 million—approximately KRW 1.1 billion to KRW 2.3 billion at an exchange rate of KRW 1,500 per dollar—while his AMD purchases ranged from $1,001 to $15,000, or up to about KRW 20 million.

Gottheimer represents New Jersey’s 5th Congressional District and serves on both the House Financial Services Committee and the Homeland Security Committee. Within Financial Services, he sits on the Capital Markets Subcommittee and the Subcommittee on Digital Assets, Fintech, and AI. Given his oversight roles in capital markets, fintech, AI regulation, Big Tech, and semiconductor firms, his personal multi-million–won investments in leading AI, cloud computing, and semiconductor stocks have the potential to reignite concerns over conflicts of interest and the impartiality of regulatory processes.

Microsoft stands as a flagship Big Tech company, leveraging Azure cloud services and its Copilot generative AI platform. In its fiscal third-quarter 2026 results, announced at the end of April, Azure revenue jumped by nearly 40%, surpassing market expectations and sending the stock price up by double digits in early May. Around the time of Gottheimer’s May 19 purchase, MSFT had already rebounded strongly from its April lows. Further momentum came from AI and Windows-on-ARM announcements at the Build 2026 conference and optimism over data center spending, lifting the share price to about $420 by late May. Although still below its 52-week high, Microsoft remains a leading AI-themed equity with robust upward momentum.

AMD, a semiconductor company uniquely positioned with both data center CPUs and AI-accelerator GPUs, reported first-quarter fiscal 2026 revenue of $10.3 billion—up 38% year over year and above Wall Street consensus—in early May. Following news of a major AI chip supply deal with Meta and data center segment growth of over 50%, AMD’s shares soared roughly 18% in a single day to a record high. The company has since unveiled its next-generation 2 nm EPYC “Venice” processors and announced significant AI infrastructure investments in Taiwan, reinforcing its status as a core AI infrastructure play. A lawmaker tasked with overseeing financial and capital market regulations purchasing shares in an AI semiconductor beneficiary right after its earnings surge, at the cusp of a rally, is likely to add fuel to calls in Congress for curbs or bans on members’ personal stock trading.