AI Titans: Nvidia and Meta Under Trump’s Tax Umbrella

On July 4th, President Donald Trump signed into law something called the One Big Beautiful Bill Act. It’s nearly 900 pages long, which sounds like a lot until you realize it’s shorter than some of the instruction manuals for your smart devices. Among its many provisions, two stand out like neon signs in Times Square: one keeps corporate tax rates at 21%, and the other allows companies to immediately deduct R&D expenses rather than spreading them out over time. These tweaks are particularly kind to tech giants like Nvidia (NVDA) and Meta Platforms (META), both of whom seem poised to make hay while the sun shines.






