Nvidia and Apple Donate Millions for Planned White House Project

Nvidia and Apple Donate Millions for Planned White House Project

By Aditya Raghunath
Publication Date: 2026-10-16 13:55:00

Nvidia and Apple Donate Millions for Planned White House Project ©@Kittipong Jirasukhanont from PhonlamaiPhoto’s Images via Canva, @jamesteohArt via Canva

Key Stats for Nvidia Stock

  • Price change for Nvidia stock in last 6 months: 10%

  • $NVDA Stock Price as of Oct. 15: $217

  • 52-Week High: $243

  • $NVDA Stock Price Target: $329

What Happened?

Nvidia (NVDA:NASDAQ) and Apple each committed $25 million to President Donald Trump’s planned White House ballroom, according to a Washington Post report on Thursday.

The report showed total private donations of $333 million for the project.

Others gave $25 million too, including the Adelson family and Dish Network co-founder Charles Ergen. Lockheed Martin, Microsoft and Palantir each gave $10 million. The president is not on the donor list, per the Post.

Nvidia said it was proud to support a nonpartisan trust, and a spokesperson said its support for the U.S. is independent of any business interests.

Apple declined to comment.

The White House said it will not release donor details.

NVDA Stock Revenue, EBIT and Free Cash Flow Estimates in Billion USD (TIKR)
NVDA Stock Revenue, EBIT and Free Cash Flow Estimates in Billion USD (TIKR)

The project has drawn criticism.

Watchdog groups say the secrecy raises questions about donor influence. The Post said half the money came from companies or executives with federal contracts.

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