Nvidia, Apple, and Cisco have pledged multimillion-dollar donations to fund the renovation of President Donald Trump's White House ballroom, with Nvidia and Apple each contributing $25 million and Cisco $5 million. Other major tech companies like Amazon, Palantir, ServiceNow, Meta Platforms, and Microsoft also donated millions. These contributions, totaling over $330 million, were made through a nonprofit trust and have raised concerns among lawmakers about potential influence on policy and federal contracts. The donations highlight the close ties between tech leaders and the Trump administration, especially in areas like AI and defense contracts.
The news of Nvidia, Apple, and Cisco's multimillion-dollar donations to the White House ballroom renovation comes as Nvidia shares trade at USD 217.22, down 1.94% on Pluang as of Oct 16, 2026 03:01 WIB. Cisco shares are also lower at USD 109.67, down 3.49%, while Apple is relatively stable at USD 341.82, down 0.33%. These tech giants remain significant players on Pluang, with Nvidia's market cap at $5.34T and Cisco's at $448.04B, reflecting ongoing investor interest despite recent price dips.
Alice collaborated with Inflection AI and AI21 to demonstrate that NVIDIA Nemotron open models can be post-trained using real-world adversarial data to enhance AI safety and security without losing capability. Inflection AI improved conversational AI...
The VanEck Semiconductor ETF (SMH) is recommended as a Buy due to strong capital expenditure growth driven by AI investments and a recent sector price correction. SMH offers diversified exposure to leading semiconductor companies like NVIDIA, TSMC, A...
Nvidia reported $96.22 billion in revenue, more than doubling year over year, driven by its comprehensive AI systems including data centers and networking. Broadcom's AI chip sales grew 221%, focusing on custom chips designed to replace core AI facto...
Micron Technology's stock is rated hold with a 12-month price target of $1,059.58, implying about 7.9% upside from its current price of $982.14. Despite Wall Street analysts' more bullish consensus target of $1,555.13, the cautious outlook reflects c...
Taiwan Semiconductor Manufacturing Co. (TSMC) is struggling to meet soaring demand for advanced chips driven by the AI boom, creating intense competition for its limited manufacturing capacity. Major tech firms like Nvidia, AMD, Apple, Google, and Am...
