Donald Trump bought between $1 million and $5 million in NVIDIA shares while making key decisions that ended up boosting the company.
In May 2025, his administration rescinded a Biden-era rule designed to prevent the most advanced US AI chips from being exported to China, a move that happened just after his big NVIDIA investment.
Trump approved advanced chips to China
Thanks to the policy change, NVIDIA kept selling its chips in China, a market that made up a quarter of its sales for years. The company's stock jumped after the news.
Later, Trump approved even more advanced chip sales to China, sparking worries about helping China's tech growth and raising questions about conflicts of interest.