Nvidia (NVDA) and Advanced Micro Devices (AMD) are backing the Trump administration’s new AI “action plan,” a policy move designed to clear regulatory hurdles and expand U.S. technology exports. Both chipmakers see the initiative as a tailwind for their businesses and the broader American semiconductor industry.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
The plan focuses on accelerating AI infrastructure, including the construction of data centers and ensuring access to reliable energy, both of which are critical for running high-performance AI chips. It also seeks to ease export controls, helping U.S. firms ship more AI-enabling tech to global partners, while ensuring those allies remain reliant on American chips and software instead of turning to China.
Trump Is America’s Unique Advantage
At a tech industry event in Washington, Nvidia CEO Jensen Huang referred to Trump as America’s “unique advantage” in the global AI race. He credited the president for recognizing early on the dual importance of AI and domestic energy production. AMD CEO Lisa Su described the plan as “excellent,” stating that it outlines the key components necessary for the U.S. to maintain leadership in AI.
“It’s a great day for those of us… trying to get technology adopted as fast as possible, in partnership with the government,” Su said.
Trump took the stage at the same event and acknowledged both Huang and Su as key figures in the AI push. The new policy was formalized with the signing of AI-related executive orders late Wednesday.
Notably, Huang recently lobbied for the reversal of Commerce Department restrictions on Nvidia’s H20 AI chip exports to China. The administration lifted those limits following a direct meeting with the president, signaling a more flexible stance on export controls tied to AI. If fully implemented, the plan could strengthen Nvidia and AMD’s positions at the heart of global AI infrastructure growth.
Using TipRanks’ Comparison Tool, we analyzed Nvidia and AMD to get a clearer picture of each company individually and how they stack up against each other.
