Trump Purchases Nvidia Stock, Promotes Company Days Later on Truth Social

NVDA-2.94%
According to a CNN investigation, U.S. President Trump purchased between $200,000 and $500,000 in Nvidia shares before promoting the company on Truth Social just days later. On April 15, 2025, Trump posted a message to his over 9 million followers promising that "all necessary permits" would be "expedited and quickly delivered" to Nvidia and similar companies, shortly after Nvidia announced plans to build an AI supercomputer in the U.S. The CNN probe found Trump promoted stocks from over 20 companies days after purchasing them, sometimes announcing government actions that could benefit his recent investments. The White House denied Trump exploited his position for personal gain, stating all stock trades are managed by external financial advisors with no involvement from Trump or his family.
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