Svmuu News: Last year, U.S. President Donald Trump posted “very significant and exciting news” on the “Truth Social” platform.At the time, computer chip manufacturing giant NVIDIA (NVDA.O) had just announced plans to build an AI supercomputer in the United States. In a post on April 15, 2025, addressed to his more than 9 million followers, Donald Trump promised that “all necessary licenses will be expedited and swiftly delivered to NVIDIA and similar companies.”
However, what Donald Trump did not disclose at the time was that just a few days earlier, he had purchased between $200,000 and $500,000 worth of the company’s stock.A CNN investigation found that Donald Trump promoted more than 20 companies on his Truth Social account just days after purchasing shares in them—sometimes announcing government actions that could benefit the very companies in which he had just invested. The White House strongly denies that Donald Trump ever used his office for personal gain, stating that all his actions were intended to benefit the American public.The White House stated that all of the president’s stock transactions are handled by external financial managers, and that Donald Trump and his family have no control over specific transactions. (CNN)