U.S. tech stocks welcome favorable policies? Trump's "AI Action Plan" is about to be unveiled: aiming at deregulation and energy development

According to the Zhitong Finance APP, U.S. President Donald Trump is expected to announce policy guidelines regarding artificial intelligence, which will call for regulatory relief and an expansion of energy sources for data centers, while urging the U.S. Congress to consider federal legislation to preempt state regulations on this emerging technology. The so-called "AI Action Plan" from the Trump administration is expected to be released in the coming days. Earlier this year, Trump ordered the development of a comprehensive framework outlining key initiatives aimed at accelerating the development of artificial intelligence in the United States. According to individuals who have been briefed by government officials, Trump is expected to sign several executive orders to implement some policies from the plan. These individuals stated that the proposal will primarily focus on information dissemination and will be limited to actions by the executive branch, rather than a comprehensive outlook on the long-term impacts of artificial intelligence. However, this will be the most significant policy statement from the current administration on this technology to date and reflects the U.S. government's efforts to promote the adoption of American artificial intelligence technology globally. This vision is a positive sign for industry participants supporting safety standards and establishing international partnerships. Trump's vision for artificial intelligence has been eagerly anticipated by the tech industry, with the U.S. AI technology sector currently led by companies such as OpenAI, Microsoft (MSFT.US), Meta Platforms (META.US), and Alphabet (GOOGL.US). Many companies have called for a departure from what they perceive as an overly regulatory approach during President Joe Biden's term. Earlier, the U.S. Senate voted 99 to 1 to remove AI-related provisions from Trump's tax reform bill. The Senate rejected a provision in Trump's comprehensive tax reform plan that would have limited state regulation of artificial intelligence, but the tech industry remains keen to curb such laws that have been enacted across the country. According to informed sources, the plan is expected to be launched during a national outreach campaign led by the White House Office of Science and Technology Policy. Trump is scheduled to deliver a speech on artificial intelligence policy on July 23 at an event hosted by the All-In podcast and the tech coalition Hill and Valley Forum. The proposal comes after months of consultations with industry participants, highlighting the White House's commitment to reducing what it sees as unnecessary regulatory barriers, promoting innovation and application, and supporting independent organizations in conducting third-party assessments of AI risks. According to informed sources, the plan will also emphasize government priorities—supporting infrastructure development through licensing reforms and simplifying environmental standards under the National Environmental Policy Act. Sources indicate that guidance on strengthening the power grid is not expected to be included in the plan. Additionally, the plan will promote global cooperation on artificial intelligence, lead the establishment of international standards, and focus on implementing security measures to prevent foreign adversaries from acquiring U.S. hardware and software. According to informed sources, an executive order to promote exports aims to leverage the powers of the U.S. International Development Finance Corporation and the Export-Import Bank of the United States to support the global promotion of U.S. artificial intelligence technology For a long time, American conservatives have opposed the Export-Import Bank of the United States, which is responsible for financing the overseas sales of American goods, accusing it of being a tool for bailing out large corporations. However, the intent of the order is to enhance global access to artificial intelligence tools for countries that lack local research and development capabilities. According to informed sources, a third potential executive order led by David Sacks, head of artificial intelligence and cryptocurrency affairs, and Sriram Krishnan, senior policy advisor at the White House, will require all large language models procured by the government to remain neutral and free from bias. Sacks is one of the hosts of the All-In podcast