Report says Donald Trump’s investment team sold AMD in August and later bought up to $25 million

A market report tracking presidential stock disclosures says Donald Trump’s investment team sold shares of Advanced Micro Devices in August and, later in the same month, bought back positions worth as much as $25 million. The trades were described as part of a broader set of 517 transactions disclosed for August, with artificial intelligence-linked stocks topping the list in the account overview.

The Yahoo Finance recap frames AMD as one of the “cheapest” names among the so-called “Magnificent Seven,” a widely used label for a group of large-cap U.S. technology companies. The report does not provide the full trading schedule in the information available here, but it highlights that August included both selling and re-entering AMD during the same disclosure window.

AMD is a major supplier of semiconductors used in personal computers, servers, gaming hardware, and data-center systems. In recent years, investor attention on the company has also been tied to accelerated computing, where GPUs and related platforms are used to train and run machine-learning models.

Whether the August selling and repurchasing indicates a change in conviction about AMD’s fundamentals is unclear from the reported summary alone. Presidential trades are often executed through structured accounts and may reflect factors beyond a stock’s business performance, including portfolio rebalancing, timing, and administrative constraints around disclosure dates.

The recap also emphasizes that AI stocks were a major focus of the disclosed activity in August. That aligns with a broader market pattern in which AI infrastructure and chip makers tend to attract frequent trading when sentiment shifts, even when longer-term business milestones have not changed.

As of the details contained in the published summary, the disclosure does not clarify the specific number of shares, the dates of each AMD transaction within August, or the cost basis associated with the up-to-$25 million figure. It also does not describe the reasoning behind the sale-and-buy sequence, nor whether other AMD-related holdings were involved.

For AMD investors and observers, the immediate thing to watch is whether subsequent presidential disclosures show continued buying, further trimming, or stabilization. More broadly, it will be the company’s own milestones in data-center and AI-related product demand that determine whether any trading pattern corresponds with tangible shifts in customer adoption or market share.