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We recently published a list of 12 AI Stocks Poised for Massive Growth. In this article, we are going to take a look at where Super Micro Computer, Inc. (NASDAQ:SMCI) stands against other AI stocks poised for massive growth.
With the AI arms race heating up every passing day, more businesses and countries are eager to stake their claim in the rapidly evolving industry. However, restrictions on artificial intelligence chip exports, particularly those announced in the final days of outgoing President Joe Biden’s administration, have made progress in AI difficult for some.
The restrictions have capped AI chips and technology exports to most countries, blocked access to China and the three other adversaries, and allowed almost unlimited access for Washington’s closest allies.
“The US leads AI now – both AI development and AI chip design, and it’s critical that we keep it that way”
One country that has not been included by Washington among the “key allies and partners” exempted from the measures is Poland. However, it has recently come to light that the country hopes these restrictions may be lifted.
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Reuters reported on the news, stating that Polish deputy digital minister Dariusz Standerski said there is a chance that the Trump administration may lift restrictions on Poland’s access to the U.S.-designed AI chips. According to Standerski, Biden’s decision was “irresponsible” and “the outgoing administration was unable to provide us with a specific reason why we found ourselves in tier two”.
However, he confirmed that dialogue with the new administration has been “very constructive”.
“I think there is a big chance for that. Consultations last until May 15.”
The Polish deputy digital minister also said that Polish Deputy Prime Minister Krzysztof Gawkowski discussed rolling back the AI chip curbs on Poland with U.S. Vice President JD Vance during the AI Action Summit in Paris last month. Even some tech groups have been asking President Donald Trump’s team to ease export restrictions, saying the measures should not extend to a group of U.S. allies.
For this article, we selected AI stocks by going through news articles, stock analysis, and press releases. These stocks are also popular among hedge funds. The hedge fund data is as of Q4 2024.