Trump Boosts Dell Share Price After February Position
Trump’s dell share price move came after his first-quarter ethics disclosure showed he opened a Dell Technologies position in February, then later told a crowd to “Go out and buy a Dell” at a May event. The sequence puts a hard date on the trading trail and the public pitch behind it.
More than 3,700 transactions appeared in Trump’s name in the mid-May filing, which also showed a purchase of NVIDIA Corp. shares in early January. For traders, that means the Dell call did not land in isolation; it sat inside a broad disclosure that included technology names already tied to the administration’s policy agenda.
February Filing Before May Pitch
February marked the opening of the Dell position, according to the filing, while the public endorsement came later in May. That gap gives the market a cleaner timeline: the stock exposure came first, the praise came after, and the order of events is what makes the disclosure stand out.
Mid-May was also when the first-quarter ethics disclosure became public, giving investors a view of the portfolio’s scale and timing. The White House said the portfolio is independently managed by a trust and that Trump provides no input, while also saying there are no conflicts of interest.
NVIDIA, Intel, and Micron
Early January was not the only technology trade in the filing. It also showed a purchase of NVIDIA shares, and the Commerce Department later approved sales of certain Nvidia chips to China. That sequence adds another layer for investors tracking whether the filing lines up with policy-sensitive names.
May 18 brought another data point: the White House said an Intel position, acquired for $8.9 billion, had swelled past $50 billion. Intel had already risen roughly 190% this year after a government equity stake helped send it higher, making the administration’s technology picks harder for the market to ignore.
Broadcom, Oracle, and Motorola
More than $2 trillion in Broadcom’s valuation, Oracle’s ties to the administration through co-founder Larry Ellison and the Stargate AI infrastructure project, and Motorola Solutions’ role in police radios, dispatch software, and public-safety surveillance gear all put those names in the same conversation. Each fits a different policy lane: data centers, AI infrastructure, and law enforcement technology.
May 22 added a fresh marker when Trump called Micron Technology “great.” By May 26, Micron stock had closed near $896 and crossed $1 trillion in market value for the first time, while UBS had raised its price target from $535 to $1,625. The market was also pricing Micron near 42% on Kalshi, with Rigetti and D-Wave above 80% and Nvidia at 13% on the same platform.
May 26 also brought Trump’s defense of prediction markets and his push for the CFTC to keep “exclusive authority” over platforms like Kalshi and Polymarket. On Kalshi, a market asking which companies the US will take a stake in this year had drawn more than $740,000 in volume, a sign that traders are already trying to handicap the next name that might get a presidential shoutout.
