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Trump’s $1 M Nvidia Purchase Sparks Ethics Conflict Claims

5/16/2026

Summary

Story summary

President Donald Trump bought $1 million of Nvidia stock and purchased AMD and Palantir shares before his administration approved those firms for China sales or a Homeland Security contract.
Citizens for Responsibility and Ethics in Washington said the trades conflict because the president’s power exceeds congressional insider-trading limits.
The Trump Organization says an external manager handled the portfolio and that Trump, his family received no notice of the trades.

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Story summary

President Donald Trump bought $1 million of Nvidia stock and purchased AMD and Palantir shares before his administration approved those firms for China sales or a Homeland Security contract.
Citizens for Responsibility and Ethics in Washington said the trades conflict because the president’s power exceeds congressional insider-trading limits.
The Trump Organization says an external manager handled the portfolio and that Trump, his family received no notice of the trades.