Overview of U.S. AI Action Plan Beneficiary Companies

Policies are the guiding principles of investment, representing the government's optimism and increased investment in certain sectors. Following the Trump administration's passage of the "Genius Act" for stablecoins on July 18, the "U.S. AI Action Plan" was approved on July 23.

This plan accelerates AI innovation, builds AI infrastructure, and leads international diplomacy and security through three pillars, providing comprehensive policy support for the rapid development of the U.S. AI industry.

Based on the document's content and key segments of the AI industry chain, the following summarizes U.S.-listed companies that may benefit, covering AI technology development, semiconductor manufacturing, data centers, energy, cybersecurity, and defense.

1. Accelerating AI Application Innovation (Pillar I): This pillar removes regulatory barriers, encourages open-source AI models, promotes AI skills training, and facilitates AI adoption by governments and enterprises:
Microsoft (MSFT), Google (GOOGL), Amazon (AMZN), Meta (META), Palantir (PLTR), Snowflake (SNOW), C3.ai (AI)

2. Building AI Infrastructure (Pillar II): This pillar focuses on accelerating data centers, semiconductor manufacturing, and energy infrastructure, streamlining approval processes, and optimizing the power grid:

• Semiconductors and Chips: NVIDIA (NVDA), AMD (AMD), TSMC (TSM), Broadcom (AVGO), Marvell (MRVL), Applied Materials (AMAT), Lam Research (LRCX)
• Data Centers and Servers: Super Micro Computer (SMCI), Dell (DELL), Hewlett Packard Enterprise (HPE)
• Networking and Connectivity: Arista Networks (ANET), Credo Technology (CRDO)
• Energy and Power: Vistra (VST), Constellation Energy (CEG), Oklo (OKLO), BWX Technologies (BWXT)

3. Leading International Diplomacy and Security (Pillar III): This pillar strengthens the U.S. leadership in the global AI ecosystem by promoting AI technology exports, tightening semiconductor export controls, and assessing AI risks.

• Cybersecurity: CrowdStrike (CRWD), Palo Alto Networks (PANW)
• Defense and AI Applications: Lockheed Martin (LMT), Raytheon Technologies (RTX)
• Biosafety: Illumina (ILMN)