Nancy Pelosi's Husband Just Bought Jim Cramer's Favorite Artificial Intelligence (AI) Chip Stock
Yahoo Finance ·
In a newly published periodic transaction report this week, U.S. Rep. Nancy Pelosi (D-California) disclosed that in late May, her husband, Paul Pelosi, bought stock options in chip giant Intel ( INTC 3.59% ) . Intel's price has appreciated substantially throughout 2026, and the latest apparent catalyst for its upward momentum was an endorsement from CNBC investment personality Jim Cramer . Let's dig into the mechanics of Paul Pelosi's Intel position and consider whether smart investors should follow his lead. All members of Congress are required to publicly reveal their investing moves (and those of their spouses) in a timely manner. In line with that, the transaction report signed by former Speaker of the House Pelosi on June 23 covers transactions that her husband initiated on May 29. Regarding Intel, the entry falls within the $1 million to $5 million range. The additional description states: "Purchased 200 call options with a strike price of $50 and an expiration date of 3/19/27." These details confirm Pelosi's position in Intel is a long-dated call option position rather than shares of common stock. Of note, the filing revealed that a similar purchase of 200 call options with identical strike and expiration terms was made for Uber Technologies as well. A single call option generally equates to the right to buy 100 shares of the stock in question, so holding 200 call options gives him the right to buy 20,000 shares.
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