Trump purchased up to $5m of stock before revoking Biden-era rule that limited Nvidia’s ability to sell to China

Donald Trump bought Nvidia stock worth millions of dollars as he made decisions on America’s China policy that would benefit the chipmaker, an analysis has found.

In May 2025, Trump’s administration rescinded a Biden-era rule designed to prevent the most advanced US-made AI chips from being exported to China.

This rule aimed to strengthen the US’s own chip industry and to protect America from what was widely regarded as a national security threat: the possibility that China might develop superior AI.

  • im_fine_sandy@nord.pub
    link
    fedilink
    English
    arrow-up
    6
    ·
    2 days ago

    They don’t give a shit provided they’re going to be shielded from consequences.

    Dems are going to start investigating everything next year. It’s going to be a shit storm for Republicans.

    Yes Trump could dish out pardons, but I can see how that might not be very reassuring.

    Whoever replaces Trump, Republican or Democrat, they’re going to throw him and anyone associated under the bus. IDK how bulletproof pre-emptive pardons are, but I wouldn’t bet my future on one.

    • zoloftt@lemmy.world
      link
      fedilink
      arrow-up
      1
      ·
      1 day ago

      Totally, I only meant to highlight the statement “…hand will be forced.” is maybe a little too optimistic for these ghouls.

      They’ll eat their own, but I doubt any will impeach Trump. He’s their safety net.