Nvidia, Cisco Confirm $30 Million for Trump Ballroom as Donor Total Tops $330 Million
Updated
Updated · CNBC · Oct 15
Nvidia, Cisco Confirm $30 Million for Trump Ballroom as Donor Total Tops $330 Million
3 articles · Updated · CNBC · Oct 15
Summary
$30 million in confirmed gifts from Nvidia and Cisco added corporate backing to Donald Trump's White House ballroom project, with Nvidia saying its support was independent of business interests.
Nvidia and Apple each pledged $25 million, while Cisco confirmed $5 million; The Washington Post reported more than $330 million from 67 donors had been raised through a nonprofit trust by late September.
Amazon, Palantir, ServiceNow, Meta and Microsoft were also listed as multimillion-dollar contributors, though several companies did not respond and Meta and Microsoft declined to comment.
Lawmakers and ethics experts have questioned whether the donations could sway policy or federal contract decisions, especially as tech companies benefit from Trump's lighter regulatory stance and AI and defense awards.