Trump poured millions into Nvidia, Apple in first quarter, ethics filing shows

US President Donald Trump invested millions of dollars in Apple and Nvidia in the first quarter, according to financial disclosures released as he was wrapping up his first state visit to China since 2017.

According to a filing disclosed by the US Office of Government Ethics on Thursday, Trump increased investment in Apple and Nvidia, whose CEOs were part of the president’s high-profile business delegation to Beijing this week, during the first three months of 2026.

In the first quarter, the US president made at least nine trades in Nvidia, with transaction values ranging from US$1,001 to US$5 million. The largest single transaction was on February 10, with a value of between US$1 million and US$5 million, according to the filing.

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For Apple, Trump made at least nine investments, with the largest single transaction recorded on March 2 with a value of between US$1 million and US$5 million.

The latest filing highlights the significant financial commitment made by the US president in tech companies that were looking to secure deals during his China visit.

Nvidia CEO Jensen Huang prior to a state dinner with President Donald Trump and President Xi Jinping in Beijing on Thursday. Photo: AP
Nvidia CEO Jensen Huang prior to a state dinner with President Donald Trump and President Xi Jinping in Beijing on Thursday. Photo: AP

Besides Apple and Nvidia – which currently is the most valuable listed company in the world with a valuation of over US$5.5 trillion – Trump also made relatively small investments in other US tech firms whose CEOs were part of the delegation, including Micron Technology, Tesla and Qualcomm. The transaction values of trades in these companies ranged from US$1,001 to US$250,000, the filing showed.

  

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