According to a White House official and a person familiar with the initiatives, US President Donald Trump will be announcing $70 billion in artificial intelligence and energy investments in Pennsylvania on Tuesday.
According to the report, Trump will be revealing the details of the initiatives at an event near Pittsburgh. Republican Senator David McCormick will join Trump at the event, who is hosting the first Pennsylvania Energy and Innovation Summit at Carnegie Mellon University.
These investments will be coming from several industries, including new data centers and power grid upgrades, as per reports from the White House Official. It will also include AI training programs and apprenticeships, the official added.
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 Q1 2025.
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10. SoundHound AI, Inc. (NASDAQ:SOUN)
Number of Hedge Fund Holders: 18
SoundHound AI, Inc. (NASDAQ:SOUN) is one of the 10 AI Stocks in the Spotlight Today. On July 14, Piper Sandler analyst James Fish downgraded the stock from Overweight to “Neutral” with a price target of $12. The firm said it sees a tough setup for the AI company, particularly for the second half of 2025.
“We are downgrading shares of SoundHound from OW to Neutral but reiterating our $12 price target.”
The firm noted that, although there is long-term potential for SoundHound, some deals may be pushed into 2026 for the company. The company is currently facing a challenge in trying to achieve profitability while also investing in its Amelia product line. The firm has highlighted how achieving both effectively can be a challenge for the company, while Amelia’s success can lead to higher earn-outs and dilution.
The firm is particularly concerned about how pressure on second-half estimates may negatively impact SoundHound’s valuation multiple. Currently, it exceeds 20 times the calendar year 2026 estimates. Piper Sandler is constructive on the company’s long-term opportunities regardless of the downgrade but also acknowledges that execution in the second half of 2025 “could create a squeeze on shares.”
SoundHound AI, Inc. (NASDAQ:SOUN) is a voice artificial intelligence company offering voice AI solutions to businesses.
9. Nebius Group N.V. (NASDAQ:NBIS)
Number of Hedge Fund Holders: 51
Nebius Group N.V. (NASDAQ:NBIS) is one of the 10 AI Stocks in the Spotlight Today. On July 14, Goldman Sachs initiated coverage on the stock with a “Buy” rating and a $68 price target. The firm believes Nebius is a leading provider of AI infrastructure and that the AI cloud company is well-positioned.
Nebius Group, with a market capitalization of roughly $10.5 billion, is a dominant player in the AI Neocloud market. The company is a direct beneficiary of the rising demand for generative AI and customized GPU infrastructure.
“We initiate on Nebius (NBIS), a leading player in the AI Neocloud market (a niche AI GPU infrastructure rental market), with a Buy rating and a 12-month price target of $68 implying 45% upside”
The initiation note by the firm has highlighted Nebius’ key advantages, notably a full-stack software offering, cost efficiencies, and the tendency to operate at scale. These advantages are helping Nebius serve clients that require access to AI compute without having to invest in their own hardware.
Analyst Alex Duval views a favorable risk/reward skew for investors. He estimates a 4:1 upside-to-downside ratio between bull and bear scenarios.
Overall, the firm asserts that Nebius is attractively priced compared to peers, particularly given its role as a pure-play in AI compute infrastructure.
Nebius Group N.V. (NASDAQ:NBIS) is an AI infrastructure firm that builds full-stack infrastructure to enable the growth of the global AI industry, including large-scale GPU clusters, cloud platforms, and tools and services for developers.
