Nvidia and Cisco confirm donations to Trump’s White House ballroom
Nvidia confirmed giving to a nonpartisan trust and Cisco confirmed $5 million as reports put Nvidia’s ballroom commitment at $25 million.
By Maya Okafor · Markets Writer
· 3 min read
Nvidia and Cisco have confirmed participation in fundraising connected to President Donald Trump’s planned White House ballroom, an unusual disclosure involving two closely watched technology companies. Cisco confirmed a $5 million donation to CNBC. Nvidia confirmed that it made a donation to what it called a nonpartisan trust, while CNBC reported, citing donor records obtained by The Washington Post, that Nvidia committed $25 million to the ballroom project.
For investors tracking Nvidia Cisco Trump ballroom donations, the key distinction is between the companies’ own statements and the reported donor records. Nvidia’s public comment did not give a dollar amount or name the ballroom. Apple was also listed at $25 million in The Washington Post’s reporting, but Apple declined to comment to Reuters.
How much did Nvidia and Cisco give to Trump’s ballroom?
Cisco confirmed a $5 million donation, CNBC reported. Nvidia said it had made a donation, and The Washington Post’s reported records put its commitment at $25 million. Reuters said it had not independently verified The Washington Post report.
Nvidia said its support for the United States was independent of business interests and that it was proud to donate to a nonpartisan trust serving Americans. CNBC separately reported, citing The Washington Post, that ballroom contributions were routed through a nonprofit trust and that donors received a pledge form for the “Donald J. Trump Ballroom.”
The reported records described commitments rather than a complete accounting of cash already paid. The Washington Post’s reporting, republished by The Detroit News, said some contributors were using installment plans and that the list did not include in-kind contributions, meaning non-cash goods or services.
What is known about the wider fundraising effort?
The Washington Post reported that 67 contributions of more than $10,000 had been recorded by late September, totaling $333 million in private donor commitments. Its records also indicated that at least $77 million came from donors seeking anonymity.
CNBC reported that ServiceNow separately confirmed a $5 million donation. The Washington Post’s reported list also included multimillion-dollar commitments from Amazon, Palantir, Meta Platforms and Microsoft. Microsoft and Meta declined comment to CNBC, while Amazon did not immediately respond, according to the network.
The White House declined to release donor information. Spokesman Davis Ingle told Reuters that the contributors represented a wide range of American companies. The fundraising and disclosure practices have drawn questions from lawmakers, watchdog groups and legal experts about transparency and possible donor influence.
Those concerns do not establish wrongdoing. The Washington Post said its reporting did not show a connection between ballroom commitments and favorable actions by the Trump administration. Trump had said he and wealthy donors would fund the project, which Reuters said had been estimated at $400 million.
This story draws on original reporting from CNBC.
