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Donald Trump’s latest financial disclosure says he bought up to $1.6 million and sold up to $1 million in Nvidia shares in August. The disclosure became public as he prepared to award Nvidia chief Jensen Huang the National Medal of Science, while his administration weighs rules for exporting advanced chips.

Why it matters

A White House spokesperson told Reuters that independent managers handle Trump’s portfolio and that it tracks recognised indexes. The trades do not establish that Trump influenced policy, but the overlap puts a spotlight on the financial interests surrounding decisions that could affect AI-chip suppliers.

Discuss: When a president’s portfolio is independently managed, is that enough to address the appearance of a conflict when policy could affect a company he has traded?

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