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On July 16, CNN reported that last year, U.S. President Trump posted a “very major and exciting” announcement on the Truth Social platform. At the time, the computer chip manufacturing giant Nvidia (NVDA.O) had just announced plans to build an AI supercomputer in the United States. In a post published on April 15, 2025 to more than 9 million followers, Trump promised that “all necessary permits will be expedited and delivered quickly to Nvidia and similar companies.” However, what Trump did not disclose at the time was that just a few days earlier, he had bought shares of the company worth between $200k and $500k.
An investigation by CNN found that after buying stock in more than 20 companies, Trump promoted those companies on his Truth Social account just days later—sometimes even announcing government actions that could benefit the companies he had just invested in. The White House strongly denied that Trump had used his office for private gain, and said all of his actions were intended to benefit the American public. The White House said that all stock trades by the president were handled by external financial managers, and that Trump and his family had no control over specific transactions. #夏日创作营