Financial disclosure forms filed with the US Office of Government Ethics show that President Donald Trump went on a sweeping tech stock buying spree in the first three months of 2026, picking up between $1 million (£790,000) and $5 million (£3.9 million) worth of securities in more than three dozen companies — including Dell Technologies. The disclosures only became public in May, and what followed put Dell at the centre of an ethics storm: weeks later, his administration's Pentagon handed the company a five-year, $9.7 billion (£7.6 billion) contract.
The transactions are valued at between $220 million and $750 million cumulatively, according to CNBC. Among the three dozen transactions valued between $1 million and $5 million, Trump bought securities of ServiceNow, Nvidia, Adobe, Microsoft, Oracle, Broadcom, Motorola, Amazon, Texas Instruments and Dell. The Dell purchase would attract by far the most scrutiny once the Pentagon's contract announcement followed shortly after.
