MW Here are the stocks that could get a boost from Trump's 'AI Action Plan'

By Victor Reklaitis

U.S. president is expected to deliver a speech on artificial intelligence on Wednesday, along with new executive orders

Wednesday is looking like AI day in Washington, D.C., with President Donald Trump set to deliver what's being billed as his first big speech on artificial intelligence since the start of his second term.

In tandem with the speech on Wednesday, the Trump administration appears set to roll out its "AI Action Plan," and new executive orders on AI are expected.

What could this mean for investors?

Get ready for "tailwinds for large-cap U.S. tech firms, cybersecurity providers, advanced semiconductor and energy infrastructure names, and AI-focused education/workforce firms," said a team of Raymond James analysts led by Ed Mills.

Coursera $(COUR)$, Duolingo (DUOL) and Stride (LRN) are among the education companies that are likely to see a boost, while insurer Aon $(AON)$, which has a big workforce-management business, should also benefit, the analysts said in a note.

From MarketWatch's archives (2023): The educational-technology stock that went from $98 to $1. Inside the 2U debacle.

Alphabet $(GOOG.UK)$ (GOOGL), Amazon $(AMZN.UK)$, Atlassian $(TEAM)$, Meta Platforms $(META)$, Microsoft $(MSFT.UK)$, Salesforce $(CRM.AU)$ and ServiceNow (NOW) are among the big publicly traded tech companies that could benefit, the analysts wrote.

Chip-industry companies that look set for tailwinds include Applied Materials $(AMAT.UK)$, Intel $(INTC)$, Lam Research (LRCX) and Nvidia (NVDA), and cybersecurity stocks that could get a lift include CrowdStrike (CRWD), Palo Alto Networks (PANW) and SentinelOne (S), according to the Raymond James team.

Trump's "AI Action Plan" follows his Jan. 23 executive order that called for administration officials to submit such a plan within six months.

"Key pillars will likely include expanding federal AI research programs, implementing a national data strategy, accelerating workforce upskilling, and enhancing global talent acquisition," the Raymond James analysts said.

Three executive orders look likely, according to multiple published reports. One is expected to promote AI exports, a second appears focused on improving the country's infrastructure for AI, while a third will target "woke AI."

Targeting "woke AI" has to do with what Trump administration officials see as liberal bias in some models, according to a Wall Street Journal report. Alphabet's Google business became a poster child for this issue last year when its AI chatbot Gemini generated images showing racial minorities in historically inaccurate ways, like as Vikings.

Now read: Fed's Cook says the central bank is using AI in all these ways, but not for setting policy

And see: Microsoft's stock gets an upgrade. These analysts say it's underappreciated in AI.

-Victor Reklaitis

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July 22, 2025 09:30 ET (13:30 GMT)

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