Trump's 'Storm of 3,600 Stock Trades', Was Accumulation Before Nvidia Chip Export Approval a Coincidence?

▲ Trump/Source: Donald J. Trump Posts From His Truth Social Twitter ©

As former U.S. President Donald Trump garnered market attention by revealing thousands of stock transactions in a single report, suspicions of insider trading are spreading, particularly regarding his concentrated accumulation of artificial intelligence (AI)-related stocks coinciding with the timing of technology diplomacy with China.

According to cryptocurrency media outlet Finbold on May 14 (local time), President Trump disclosed extensive stock trading details, totaling approximately 3,600 transactions, through a regular filing submitted to the U.S. Office of Government Ethics (OGE) on May 8. The most notable aspect of this disclosure is the large-scale sell-off, ranging from $5 million to a maximum of $25 million. It was confirmed that President Trump restructured his portfolio by disposing of major existing holdings such as Microsoft, Vanguard S&P 500 ETF, Amazon, and Meta Platforms.

The aggressive buying spree undertaken simultaneously with the sell-off was also unconventional. President Trump newly added key AI and cloud infrastructure stocks such as Nvidia, Oracle, Broadcom, and Apple to his portfolio, in amounts ranging from $1 million to $5 million. Conversely, the proportion of consumer-focused stocks and social media tech stocks significantly decreased. He showed very active asset management, including buying and selling Microsoft and Amazon, but a distinctive feature is that most large transactions were classified as unsolicited trades based on the broker's independent judgment.

The problem is that the timing of these transactions strangely overlaps with government policy announcements. Executives from the companies that were the target of President Trump's recent concentrated purchases accompanied the President on his recent trip to China. In particular, the U.S. government abruptly approved on the morning of the 14th for ten major Chinese tech companies, including Alibaba, ByteDance, Tencent, and JD.com, to purchase Nvidia's next-generation AI chip, the H200. Immediately after this announcement, Nvidia's stock price surged, leading to growing criticism that the President's prior accumulation of stocks was insider trading utilizing policy information.

This is not the first time market manipulation controversies have surrounded the White House. Allegations that the current administration has gained undue profits in the stock market using undisclosed information have been raised multiple times. The recent approval of technology exports, announced immediately after the President bought a large number of Nvidia shares, is strengthening calls for a strict investigation from both political and financial circles.

In conclusion, President Trump's major portfolio shift is interpreted as a strategic move closely linked to policy decisions, going beyond simple asset management. Global investors are focusing on what impact the President's bet, shifting capital from traditional big tech to new growth engines like AI and semiconductors, will have on the future U.S.-China technology hegemony war and the domestic political landscape.

*Disclaimer: This article is for investment reference only and does not take responsibility for investment losses based on it. The content should be interpreted for informational purposes only.*