Trump Administration to Invest $1 Billion in Artificial Intelligence

Pay close attention to artificial intelligence and 5G stocks moving forward.

According to the White House:

“The Trump Administration is taking strong action to ensure American leadership in the industries of the future—artificial intelligence (AI), quantum information science (QIS), 5G communications, and other key emerging technologies that will shape our economy and security for years to come.”

“Today, the White House, the National Science Foundation (NSF), and the Department of Energy (DOE) announced more than $1 billion in awards for the establishment of 12 new AI and QIS research and development (R&D) institutes nationwide.”

Some of the top AI stocks to pay close attention to include:

  • IBM (IBM)
  • Alphabet (GOOG)
  • Apple (AAPL)
  • Microsoft (MSFT)