Republican busted trading AI stocks while pushing for data centers in his own district
A Republican congressman notorious for suspiciously timed stock trades was just caught in yet another one — this time involving the artificial intelligence boom.
According to Politico, Rep. Rob Bresnahan (R-PA) "bought between $1,001 and $15,000 of stock in Credo Technology, a company that provides electric cables and chips for data centers, according to a House report he filed in July. Bresnahan spokesperson Hannah Pope said the purchase totaled $1,454. Since then, the share price of Credo stock has risen about 109 percent ...