Confidential documents show Nvidia and Apple each gave $25 million through the Trust for the National Mall to the “Donald J. Trump Ballroom” at the White House. Nvidia confirmed its gift, while Apple did not reply to requests for comment, so the documents are the only record of its donation. Total gifts have reached $330 million, short of the $400 million fundraising goal for a project estimated to cost $600 million. On October 15, 2026, Nvidia closed down 1.84% at $217.23 and Apple fell 0.28% to $342.00 amid a global tech selloff. The article argues the gifts signal political risk and that Nvidia has the stronger case because its growth justifies its valuation.
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