Trump offloads tens of millions in AI, tech shares, led by Microsoft, Amazon, Meta
US President Donald Trump has sold shares worth tens of millions of US dollars in major tech companies, including Microsoft, Amazon and Meta Platforms in July, a move that may reveal some of his views on the sector, especially as competition with China intensifies. Microsoft topped the list of sales transactions, with six trades totalling up to US$31 million, according to filings disclosed by the…
In July, former US President Donald Trump sold shares worth tens of millions of dollars in major tech companies such as Microsoft, Amazon and Meta Platforms, according to filings with the US Office of Government Ethics. Microsoft was the top company in terms of sales transactions, with six trades totaling up to $31 million. Trump also offloaded up to $26 million worth of Amazon shares and between $630,000 and $365,000 in Meta Platforms and Alphabet, respectively.
He made some investments in Nvidia, purchasing shares worth around $1 million during the month, and also bought shares in other tech giants. Despite the higher number of sales, Trump's overall sales outnumbered purchases by over 700 to nearly 400. The disclosures highlight Trump's views on the tech sector, which is expected to be a key topic during upcoming talks between US and Chinese officials.
The tech giants' CEOs, including Satya Nadella from Microsoft, Jensen Huang from Nvidia, Sundar Pichai from Google, Jeff Bezos from Amazon, and Mark Zuckerberg from Meta, are expected to attend a dinner in Washington.
Written by urgent.news from SCMP Tech's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
This story
This is one outlet's version. Read the fullest account.
