Trump discloses Nvidia stock trades as he prepares to honor CEO Huang
President Donald Trump disclosed financial information on October 8, revealing that he had bought and sold Nvidia stock in August, with transactions totaling up to $1.6 million and $1 million respectively. This disclosure was made alongside Trump's decision to honor Nvidia CEO Jensen Huang with the National Medal of Science, the nation's highest honor for scientific achievement.
The administration is currently considering policies that may impact Nvidia's operations, particularly regarding the export of its advanced chips. The White House confirmed that the president's investment portfolio is managed by third-party financial institutions, which aim to mirror recognized indexes like the Schwab 1000. Huang, along with SpaceX CEO Elon Musk and Google co-founder Sergey Brin, is scheduled to receive the prestigious award from Trump on Thursday.
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