Donald Trump reportedly spent $200 million-plus on stocks of these four technology companies: Microsoft, Meta, ….
US President Donald Trump’s latest financial disclosure shows he or his investment advisers ran up more than 3,700 stock trades in the first quarter of 2026, with cumulative value pegged between $220 million and $750 million by Reuters. A sizeable chunk of that money landed in four technology names—Microsoft, Meta, Amazon, and Nvidia. The volume blows past anything Trump previously reported: he disclosed 380 transactions for the fourth quarter of 2025, mostly municipal debt purchases.The 113-page filing, posted Thursday on the US Office of Government Ethics website, lists transactions in broad dollar bands rather than exact figures. February 10 stands out as the busiest day. Trump bought between $1 million and $5 million in Nvidia shares, and on the same day sold between $5 million and $25 million each in Microsoft, Meta, and Amazon. Those three exits—plus a similarly sized sale of the Vanguard Dividend Appreciation ETF—make up his four largest of the quarter. Across the three months, 36 separate transactions landed in the $1 million-to-$5 million range.
Trump’s Nvidia and AMD buys preceded key US chip export decisions on China
The Nvidia trade is drawing the loudest questions. According to NOTUS, the February 10 purchase came seven days before Nvidia unveiled a major processing-power deal with Meta. An earlier Nvidia buy worth between $500,000 and $1 million, dated January 6, landed roughly a week before the Commerce Department cleared certain Nvidia chips for export to China.The pattern repeats elsewhere. An AMD position of $50,000 to $100,000 opened on January 6—a week before Commerce gave AMD the same China green light. Trump began building a Palantir stake worth at least $260,000 on the same date, weeks before the company landed a roughly $1 billion Department of Homeland Security contract tied to mass deportation work. A $1 million-to-$5 million Axon purchase on February 10 preceded ICE’s February 24 announcement of a $220 million Taser order covering roughly 17,800 devices over five years.
White House denies conflict of interest, points to discretionary trust
The White House has pushed back hard. Spokesman Davis Ingle told CNBC that the president’s holdings sit inside a trust overseen by his children, and that “there are no conflicts of interest.” The Trump Organization echoed that line, saying the trades run through fully discretionary accounts at third-party financial institutions, with neither Trump nor his family selecting or approving individual investments.Trump’s predecessors, including George H.W. Bush and Bill Clinton, used blind trusts to avoid this exact kind of scrutiny. Federal ethics law required these trades to be disclosed within 45 days. Trump missed that deadline on both his Q1 filings and paid the penalty—$200 for each late disclosure.
