US President Donald Trump has sold shares worth tens of millions of US dollars in major tech companies, including Microsoft, Amazon and Meta Platforms in July, a move that may reveal some of his views on the sector, especially as competition with China intensifies.
Microsoft topped the list of sales transactions, with six trades totalling up to US$31 million, according to filings disclosed by the US Office of Government Ethics on Tuesday. The data detailed Trump’s trading activity in July, providing ranges rather than exact figures.
He also offloaded up to US$26 million worth of Amazon shares, and up to US$630,000 and US$365,000 in Meta Platforms and Google’s parent company Alphabet, respectively.
He sold some US$1 million worth of Nvidia shares during the month in two transactions, with another purchase of a similar value. He also continued to buy shares in other tech giants, despite the number of purchases being lower than sales for most of these companies.