Trump Owns Nvidia Stock, Then Approves China Chip Sales
President Trump disclosed up to $5 million in Nvidia stock among 3,642 trades made in Q1, raising conflict-of-interest concerns. On his first day visiting Beijing, the U.S. approved sales of Nvidia's previously banned H200 AI chips to roughly 10 Chinese companies, sending shares up over 4% and pushing Nvidia's market cap above $5.7 trillion.
The potential China market represents a $50 billion opportunity for Nvidia, though Beijing has since placed the chips under additional regulatory scrutiny, freezing near-term sales. Nvidia CEO Jensen Huang flew to China aboard Air Force One alongside Trump, added to the trip at the Alaska refueling stop.
