By Lockridge Okoth
Publication Date: 2026-05-15 19:20:00
Eric Trump rejected Senator Elizabeth Warren’s claim that his father directs individual Nvidia (NVDA) stock trades. Warren tied recent buys to eased US AI chip exports to China.
Reports flagged a January 6 purchase worth up to $1 million in Trump-tied accounts. The Commerce Department updated AI chip export rules one week later.
Trump Family Pushes Back on Conflict Claim
Eric Trump challenged that all family assets sit in a blind trust managed by major financial institutions. The structure favors broad market indexes over individual stock picks.
All of our assets are invested in a blind trust by the largest financial institutions in broad market indexes. To suggest that individual stocks are being bought or sold, at the discretion of any member of the Trump family, would be a lie and blatantly false,” articulated Eric Trump, executive vice president of the Trump Organization.
The Trump Organization has said the family holds assets in fully discretionary accounts. Donald Trump Jr. and Eric Trump oversee the trust with third-party institutions and receive no advance notice of trades.
Warren Links Nvidia Stake To China Trip
Warren cited a January 6, 2026 Nvidia purchase of up to $1 million in Trump-tied accounts. The Commerce Department then revised rules for chips like Nvidia’s H200 on January 13.
She called the timing a national security risk.
“Trump brought the NVIDIA CEO on his trip to China to lobby Xi Jinping to buy advanced AI chips,…