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Nvidia and Apple each donated $25M to fund Trump’s White House ballroom, signaling political ties amid tech sector challenges.

Market News
16 Oct 2026
24/7 Wall Street
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Neutral
Nvidia and Apple each donated $25M to fund Trump’s White House ballroom, signaling political ties amid tech sector challenges.

Nvidia and Apple each contributed $25 million to support the construction of a new White House ballroom named after Donald Trump, with funds routed through the Trust for the National Mall. This move highlights both companies' efforts to maintain favorable relations with the U.S. government, given their significant business exposure to federal policies on trade, tariffs, and technology exports. While the donations are financially minor relative to their market caps, they carry political significance as part of broader corporate strategies to manage regulatory and geopolitical risks. The project has raised $330 million so far, aiming for a $400 million goal, with other tech firms like Microsoft and ServiceNow also contributing. Investors will watch upcoming U.S. policy decisions on China trade and export controls closely, as these will test the value of such political investments.

Nvidia and Apple, each donating $25 million to the White House ballroom project, show contrasting investor sentiment on Pluang as of Oct 17, 2026 00:21 WIB. Nvidia trades at USD 215.31, closer to its 52-week low of USD 165.17 than its high of USD 239.27, with a 1-day decline of 0.88% and a strong 74% buy order activity. Apple, priced higher at USD 343.16 near its 52-week high, sees a modest 0.34% gain and a majority 67% sell order activity, reflecting differing market dynamics despite their similar political contributions.

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