Donald Trump's call for US dominance in AI could usher in the new industrial revolution according to analyst Dan Ives. The analyst picks six stocks set to benefit.

President Donald Trump on Wednesday unveiled a sweeping new plan for America’s “global dominance” in artificial intelligence, proposing to cut back environmental regulations to speed up the construction of AI supercomputers while promoting the sale of U.S.-made AI technologies at home and abroad.

This is bad news for artists and media companies that want a say in how AI companies use their intellectual property.

White House unveils Winning the AI Race plan, aiming to secure US leadership in AI. Chip stocks rise, Trump admin promotes innovation and workforce development.

The Trump administration has unveiled an ambitious roadmap to develop artificial intelligence, pledging to boost US innovation while stripping away what it calls "bureaucratic red tape" and "ideological bias".