Why United States Steel Corp. (X) Went Up On Monday?

We recently published a list of AI Stocks Dominate Monday’s Top 10 Performers. In this article, we are going to take a look at where United States Steel Corp. (NYSE:X) stands against other AI stocks that dominate Monday’s top performers.

The stock market finished mixed on Monday as investors remained cautious over the escalating trade tensions globally, with President Donald Trump threatening to slap China with another 50-percent tariff if the latter does not withdraw a countermeasure.

The Dow Jones declined by 0.91 percent, while the S&P 500 dropped by 0.23 percent. In contrast, the tech-heavy Nasdaq inched up by 0.10 percent.

Meanwhile, 10 companies, predominantly in the Artificial Intelligence sector, bucked an overall market pessimism, posting strong gains during the day.

In this article, we have identified Monday’s top performers and detailed the reasons behind their gains.

To come up with the list, we considered only the stocks with $2 billion market capitalization and $5 million in trading volume.

A conveyor belt winding its way through a steel production facility.

United States Steel Corp. (NYSE:X)

US Steel surged by 16.22 percent on Monday to end at $44.50 apiece as investor sentiment was fueled by President Donald Trump’s order to review anew Nippon Steel’s $14-billion bid to acquire the US company.

On Monday, the White House reportedly ordered the Committee on Foreign Investment in the US to look into Nippon’s planned acquisition of US Steel to determine whether further action would be appropriate and potentially open a path for the Japanese steelmaker to finalize their long-pending agreement.

The fresh review breathed life into the deal that was previously blocked by former president Joe Biden, saying that the steel producers and the American steelworkers “are the backbone of our nation.”

Meanwhile, Trump said earlier this year that he would not mind if Nippon acquired a minority stake in X.

US Steel commended Trump’s order, saying that the president’s decision “validates our board’s bold decision to challenge … Biden’s unlawful order.”

Overall, X ranks 1st on our list of AI stocks that dominate Monday’s top performers. While we acknowledge the potential of X as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than X but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

Disclosure: None. This article is originally published at Insider Monkey.