We recently compiled a list of 15 AI News You Missed This Week. In this article, we’ll take a look at where ASML Holding NV (NASDAQ:ASML) stacks up to the other AI stocks you missed this week.
There is much debate surrounding potential changes in AI policy as Donald Trump prepares to take over the presidency of the United States. According to a report from the Wired news platform, the Trump administration’s AI policy would likely prioritize ensuring US leadership in AI development, focusing on competition with China . This strategy, the report said, could involve boosting federal resources to support massive AI projects and maintaining or intensifying sanctions on Chinese tech companies to restrict their access to critical U.S. technologies, like advanced chips. essential to training powerful AI models. Trump has promised to repeal US President Biden’s AI executive order, which was introduced to implement security measures such as preventing algorithmic bias and strengthening federal oversight of AI developments. Critics argue that reversing these policies could lead to less oversight in a rapidly evolving field, potentially increasing risks as AI is deployed more widely.
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Another important development that investors should watch is Elon Musk’s influence on Trump’s policies. Musk supported Trump aggressively during the campaign and his AI startup, xAI, could benefit from Trump’s favorable policies, according to the Wired report. The report also adds that the focus on xAI would in turn serve to make OpenAI and Google targets, possibly threatening both companies’ ability to secure future lucrative government contracts.
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For this article, we selected AI stocks by combing through news articles, stock market analyzes and press releases. These stocks are also popular among hedge funds.
Why are we interested in stocks that hedge funds are piling into? The reason is simple: our research has shown that we can outperform the market by imitating the stocks selected by the best hedge funds. Our quarterly newsletter strategy selects 14 small- and large-cap stocks each quarter and has returned 275% since May 2014, beating its benchmark by 150 percentage points (see more details here).
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