Trump bought Apple and Nvidia stocks before China visit in

Washington, D.C., May 15, 2026 US President Donald Trump purchased millions of dollars in Apple and Nvidia stocks in early 2026 ahead of a high-profile state visit to China, where he announced major business deals involving American tech and aerospace companies. ## Financial Transactions Before China Trip Trump and his family reported over 2,300 transactions in the first three months of 2026, with total investments ranging between $220 million and $750 million, according to financial disclosures. His largest investment in Apple, between $1 million and $5 million, occurred in early February, while he spent up to $7.2 million on the company’s stocks in recent months. Nvidia also saw significant investment from Trump, with purchases worth $500,000 to $1 million on January 6 and an additional $1 million to $5 million on February 10. Shortly after these transactions, the US Department of Commerce approved the sale of some Nvidia chips to China, where the company had faced export restrictions costing it an estimated $50 billion in lost revenue. ## Delegation and Business Deals in China Trump’s delegation to China included Apple CEO Tim Cook, Nvidia CEO Jensen Huang, Boeing CEO Kelly Ortberg, and Tesla CEO Elon Musk. During the trip, Boeing secured an order for 300 aircraft worth over $37 billion, which Trump announced as part of "fantastic deals" between the two nations. Apple and Nvidia, both represented in Trump’s delegation, are actively seeking to strengthen their positions in China. Apple aims to repair its supply chains, while Nvidia is attempting to re-enter the Chinese market after US export restrictions were lifted. ## Legal and Ethical Considerations US law prohibits insider trading but does not explicitly bar the president from conflicts of interest. The Ethics Act of 1978 mandates financial disclosures, and while a 1994 law restricts government officials from transactions affecting their financial interests, the president and vice president are exempt. Trump has not established a blind trust, unlike many predecessors. Instead, his assets are managed by the Trump Organization, overseen by his sons. In a January interview with the *New York Times*, Trump stated, *"Ich habe herausgefunden, dass es niemanden kümmert und dass es mir erlaubt ist."* ("I found out that no one cares and that it's allowed for me.") The White House referred inquiries about Trump’s investments to the Trump Organization, whose spokesperson denied any involvement by Trump or his family in the transactions.

Trump Invested Millions in Apple, Nvidia Stocks Ahead of China Trip

Financial Transactions Before China Trip

Delegation and Business Deals in China

Legal and Ethical Considerations