Trump discloses Nvidia stock trades as he prepares to honor CEO Huang


Trump discloses Nvidia stock trades as he prepares to honor CEO Huang <br> President Donald Trump bought as much as $1.6 million and sold as much as $1 million in Nvidia stock ​in August, according to his latest financial disclosure, which &zwnj;was released on Thursday as he prepared to award Nvidia CEO Jensen Huang the nation&#39;s highest honor for scientific achievement. The new disclosure of ​the president&#39;s investment in one of the world&#39;s most ​valuable companies comes as his administration weighs policies ⁠that could shape Nvidia&#39;s fortunes, including rules governing exports of ​its advanced chips. White House spokesperson Davis Ingle said in a statement ​to Reuters that third-party financial institutions independently manage the president&#39;s portfolio and replicate &quot;recognised indexes, such as the Schwab 1000.&quot; Read More: US suspends Microsoft, major IT firms from key green card programme Huang is set to receive the ​National Medal of Science from Trump on Thursday. The ​award honors Americans who have made &quot;outstanding contributions to knowledge in the physical, biological, &zwnj;mathematical, ⁠engineering, or social and behavioral sciences, in service to the nation,&quot; according to the National Science Foundation&#39;s website. Past recipients have been honored for advances ranging from cancer detection to protecting ​the food supply ​during droughts. The Nvidia ⁠trades were one of hundreds the president made in August, according to the disclosure signed ​by the president on September 17 and made ​public ⁠on Thursday. &quot;All investment decisions are made entirely by independent managers,&quot; Ingle said. &quot;There are no conflicts of interest.&rdquo; Trump is also set to give ⁠the ​same award to SpaceX CEO Elon Musk ​and Google co-founder Sergey Brin on Thursday. Nvidia&#39;s spokesperson did not immediately respond to ​a request for comment. <br> <img src="https://tribune.com.pk/story/2633747/trump-discloses-nvidia-stock-trades-as-he-prepares-to-honor-ceo-huang" alt=" Trump discloses Nvidia stock trades as he prepares to honor CEO Huang" width="100%">

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