Trump Hypes Tech Company Right After Buying Stock in It
The New Republic

Trump Hypes Tech Company Right After Buying Stock in It

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President Donald Trump is once again hawking a company in which he owns stock. Trump announced Thursday that stock in Micron Technology Inc., a semiconductor company, had leapt nine points on the stock market following the company’s commitment to donate $250 million to the president’s Trump Accounts, the individual savings vehicle for eligible American citizens under age 18.“Thank you Micron!” Trump wrote on Truth Social. Trump’s thanks aren’t just on behalf of America’s children—it seems that the president personally benefited from the stock’s sudden rise. Trump’s recently released financial disclosures from 2025 revealed that the president already owned between $1.67 million and $6.65 million worth of stock in Micron. In March, as the administration was making preparations to launch the Trump Accounts, Trump purchased between $215,000 and $550,000 in Micron stock, according to MeidasTouch. In a press release Tuesday, Micron said the donation was the “largest corporate commitment of its kind.” At the same time, the company is facing a federal class action lawsuit over allegations of collusion and price-fixing with other chip manufacturers.In 2025, the president raked in loads of cash in the stock market by buying or selling a whopping 21,000 times with companies he talks about publicly, such as Nvidia and Intel. And Trump has a history of manipulating the stock market by boosting certain companies on social media. This also isn’t the first time the president has attempted to boost a company tied to Trump Accounts. In December, Dell pledged a $6.2 billion commitment to the accounts. A few months later, Trump purchased at least $1 million in Dell stock, and then went on a rant about buying Dell computers.

Trump Hypes Tech Company Right After Buying Stock in It | ParallaxNews.io