Donald Trump has Invested Millions in Data Center Industry Companies

Donald Trump has bought millions of dollars’ worth of shares in data center-related firms this year, according to newly released financial disclosures. The 113-page filing shows he made hundreds of investments in publicly traded companies in 2026, including data center power and cooling firms Trane Technologies and Eaton, purchasing between $1 million and $5 million in each on March 17.

Donald Trump also holds shares in colocation provider Equinix, having purchased between $500,000 and $1 million worth on February 10, according to filings. His broader portfolio spans major technology firms, including GPU manufacturer NVIDIA and several hyperscale cloud providers. Critics have raised concerns about potential conflicts of interest, arguing that these companies can be influenced by government policy, regulation, and his own public positions.

Newsletter Popular Information reported that Donald Trump bought $25,000–$50,000 worth of shares in memory chip maker Micron Technology on March 25. The following day, he appeared on Fox News’ The Five, calling Micron “one of the hottest companies.” In a statement to USA Today, the Trump Organization said his accounts are managed by third-party financial institutions without his involvement in specific investment decisions, adding that neither Trump nor his family directs or approves individual trades.