President Trump traded tens of billions of yen worth of stocks in companies like NVIDIA, Microsoft, Amazon, and Meta over a three-month period, and there are instances where he purchased them just before major news about these companies.

Financial reports from U.S. President Donald Trump have revealed that his investments in technology stocks amounted to tens of billions to hundreds of billions of yen. Some of these transactions occurred immediately before major news events that could impact stock prices, such as announcements of partnerships with technology companies, raising questions about whether President Trump was directly involved.

Trump was big on tech stocks in early 2026, filings show
https://www.cnbc.com/2026/05/15/trump-stock-trade-tech-oge.html

Trump Bought Corporations' Stock as His Administration Boosted Their Business - NOTUS — News of the United States
https://www.notus.org/money/donald-trump-stock-investments-palantir-axom-nvidia

Trump Bought Nvidia, Boeing, Microsoft in Flurry of Transactions - Bloomberg
https://www.bloomberg.com/news/articles/2026-05-14/trump-bought-nvidia-boeing-microsoft-in-flurry-of-transactions

President Trump filed his first-quarter financial report on May 14, 2026. According to the document, there were more than 3,700 transactions in the three months from January to March 2026 alone, involving financial transactions with major American companies worth at least $220 million (approximately 35 billion yen). The transaction amounts are listed as a range rather than exact figures, and it is said that the maximum amount could reach approximately $750 million (approximately 120 billion yen).

According to Matthew Tuttle, CEO of the American mutual fund Tuttle Capital Management, President Trump's trading record of more than 3,700 transactions in three months is an 'extraordinary trading volume.' Eric Dayton, president and managing director of asset management firm The Wealth Alliance, also stated, 'In my more than 40 years of working on Wall Street, this level of trading volume is unprecedented by any standard.' In fact, the number of transactions in the fourth quarter of 2025 was 380, a nearly tenfold increase compared to the previous quarter.

The companies listed as potential purchases included a wide range of businesses such as Microsoft, Meta, Apple, NVIDIA, Amazon, Alphabet (the parent company of Google), Palantir (specializing in software platforms for big data analytics), Oracle (providing cloud computing), and Boeing (an aerospace equipment development and manufacturing company). Large purchases ranging from $1 million to $5 million included NVIDIA and Apple, while large sales ranging from $5 million to $25 million included Microsoft, Amazon, and Meta. The following graph shows President Trump's trading volume in the first quarter of 2026, broken down by transaction size, with orange representing purchases and black representing sales.

A spokesperson for the Trump Organization, owned by President Trump, said in a statement, 'President Trump's investment assets are managed exclusively through fully discretionary accounts where the fund managers, not the investors themselves, make buy and sell decisions. These accounts are managed independently by independent third-party financial institutions that have sole and exclusive authority over investment decisions. The execution of trades and adjustments to the portfolio are carried out by automated investment processes and systems managed by these financial institutions. President Trump himself, his family, and the Trump Organization are not involved in the selection, direction, or approval of individual investment deals. They are not given prior notice of trading activities and do not offer any opinion in any way regarding investment decisions or portfolio management.'

The Trump Organization states that 'President Trump was not directly involved in the deal,' but the American online media outlet NOTUS points out that 'nine days before the US government announced new rules for exporting AMD's AI chips to China on January 15, 2026, President Trump purchased AMD stock for $50,000 to $100,000 (approximately 8 million yen to 16 million yen),' suggesting that the stock transaction may have given him prior knowledge of the policy. Furthermore, in January 2026 alone, President Trump purchased Palantir stock for $65,000 to $150,000 (approximately 10 million yen to 23 million yen), and sold at least $1.1 million (approximately 170 million yen) worth in February, while in February 2026, Palantir signed contracts worth $1 billion each with the Department of Homeland Security and the Department of Defense.

The US government has announced new regulations for exporting NVIDIA and AMD AI chips to China, allowing restricted exports of the H200 and MI325X chips - GIGAZINE

In addition, President Trump purchased NVIDIA shares for $1 million to $5 million on February 10, 2026. A week later, on February 17, 2026, NVIDIA and Meta announced that they had entered into a multi-year long-term partnership agreement.

NVIDIA and Meta form strategic partnership to purchase millions of GPUs for AI processing - GIGAZINE

In a statement to NOTUS, the White House denied the allegations, saying, 'President Trump has always acted in the best interests of the American people. President Trump's assets are in a trust managed by his children. There are no conflicts of interest whatsoever.'

In his State of the Union address in February 2026, President Trump instructed lawmakers to ban stock trading due to concerns about rampant insider trading and conflicts of interest. While some Democratic lawmakers supported President Trump, heated arguments ensued, with California Democratic Representative Mark Takano shouting back, 'Isn't it your turn first?', and Michigan Democratic Representative Rashida Tlaib accusing him of being 'the most corrupt president.' Although the United States has ' stock laws ' aimed at preventing insider trading among lawmakers and government officials, there are no direct provisions prohibiting the president from owning stocks.

Tuttle expressed concern, saying, 'The president is in a position to know everything, so any stock he buys will raise serious questions. People are wondering why President Trump is buying shares in companies like NVIDIA right now.'