Trump Bought Nvidia Stock Before Revoking China Export Rule
President purchased up to $5M in Nvidia shares ahead of reversing a Biden-era rule limiting AI chip sales to China.
President Donald Trump purchased Nvidia stock worth up to $5 million as his administration was weighing decisions on export policy that stood to directly benefit the semiconductor giant, according to a new analysis.
In May 2025, the Trump administration rescinded a Biden-era regulation that had been designed to restrict the sale of the most advanced American-made artificial intelligence chips to China. The rollback removed a significant barrier that had constrained Nvidia's ability to access one of the world's largest technology markets.
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The timing of the stock purchase — made while the administration was involved in deliberations over the export rule — raises questions about potential conflicts of interest between the president's personal financial holdings and his policy decisions, the analysis found.
Nvidia has become one of the most closely watched companies in the global AI race, with its high-performance chips sitting at the center of both commercial demand and national security debates between Washington and Beijing. Any easing of export restrictions would be expected to expand the company's revenue opportunities in China.
The findings add to broader scrutiny of Trump's financial disclosures and the degree to which his investment activity intersects with the executive actions his administration undertakes. Continue reading at Business | The Guardian.
