President Donald Trump hopped on Truth Social last year to share some “very big and exciting news.” Nvidia, the computer chip manufacturing behemoth, had just announced plans to build AI supercomputers in the United States.
“All necessary permits will be expedited and quickly delivered” to Nvidia and similar companies, Trump vowed in the April 15, 2025 post to his more than nine million followers.
What the president didn’t disclose at the time was that days earlier, he had purchased between $200,000 and $500,000 of the company’s stock.
A CNN investigation found that Trump has promoted more than 20 companies on his Truth Social account days after buying stock in those firms – at times announcing government actions that could benefit the companies he just invested in.
The White House has strongly denied that Trump has ever used his office for financial gain and said his actions are aimed at benefiting the American public. All of the president’s stock trades are conducted by outside financial managers, his administration said, and Trump and his family have zero control over which trades are made.
