The conflicts of interest and personal corruption are simply astonishing. Many of the companies do business with the federal government. In fact, Trump allegedly bought stock in Amazon and Microsoft months before the Pentagon announced agreements with both companies.
Earlier this year, Trump bought a sizable amount of Nvidia stock right before the artificial intelligence chipmaker received permission to export its advanced H200 AI processors to China. Not surprisingly, Nvidia’s stock shot up, earning Trump a tidy profit.
The conflicts of interest and personal corruption are simply astonishing.
Trump also bought a significant share of Intel, the chipmaker the Trump administration took a 10% stake in last year. The company’s stock is up 178% since the beginning of the year. According to Popular Information, an independent newsletter that reviewed the disclosures, Trump bought between $1 million and $5 million in Dell stock, and then nine days later, in a speech in Georgia, told people to “go out and buy a Dell computer.”
“Neither President Trump, his family, nor The Trump Organization plays any role in selecting, directing, or approving specific investments,” the Trump Organization said in a statement. “They receive no advance notice of trading activity and provide no input regarding investment decisions or portfolio management of any kind.”
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