The purchases were disclosed in 2025 financial disclosures
analyzed by The
New York Times.
The Times reported that on July 23, Trump invested in
Amazon, Apple, Meta, Microsoft, Nvidia and Broadcom. The purchases were worth
as much as $5 million. That same day, his administration presented its
long-awaited AI Action Plan, which sets U.S. government policy on artificial
intelligence.
The Times reported that the first year of Trump’s second
presidential term was his most profitable year in office. The newspaper
estimated that his personal income exceeded $2 billion. Most of that money came
from crypto transactions, but Trump also invested heavily in the technology
sector.
The Times previously reported that brokerage accounts linked
to the Trump family carried out more than 3,600 stock trades. Family
representatives said the assets had not been placed in a “blind trust,” but
that Trump himself does not influence brokers’ decisions on whether to buy or
sell shares.
At the same time, the Times noted that some investments were
well timed. One example it cited was the purchase of Dell shares shortly before
the company received a $9.7 billion defense contract.
The newspaper also reported that Trump had a legal
obligation to disclose purchases of Amazon, Apple, Microsoft and other shares,
but failed to do so on time. He paid a modest fine for repeated violations of
financial reporting rules.