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Elizabeth Warren criticizes Trump's Nvidia stock trades amid China AI chip deals as a national security risk.

Market News
16 May 2026
Ananya Gairola
View Source
Bearish
pluang ai news

Senator Elizabeth Warren condemned President Donald Trump for making millions in Nvidia stock trades during key AI chip policy developments involving China. Trump's financial disclosures revealed over 3,700 transactions worth hundreds of millions in early 2026, including Nvidia shares bought just before major chip sales to Chinese firms were approved. Warren called this a "national security disaster" due to potential conflicts of interest as Trump influenced U.S. semiconductor and China trade policies. The Office of Government Ethics declined to clarify if Trump directly managed these trades. Nvidia's stock price fell slightly following the news.

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Equal-weighted tech ETF XNTK outperforms cap-weighted QQQ with 51.65% vs 28.43% returns over 1 year.

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S&P 500 expected to end 2026 slightly lower amid weak consumer income and inflation pressures.

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Direxion Daily Technology Bull 3X ETF rated Buy on easing inflation and strong Nasdaq-100 AI growth outlook

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