The AI Gain Act, or the Guaranteeing Access and Innovation for National Artificial Intelligence Act, is a proposed US law requiring that US chipmakers give priority to domestic orders for advanced processors before they supply them to foreign customers.
Supporters of the law claim that the Act will help the US maintain its competitiveness and national security. However, AI chipmaker Nvidia thinks otherwise. According to the company, this act would restrict global competition for advanced chips.
It also noted that it may have similar effects on the U.S. leadership and economy as the AI Diffusion Rule which had previously limited the computing power countries could have.
“We never deprive American customers in order to serve the rest of the world. In trying to solve a problem that does not exist, the proposed bill would restrict competition worldwide in any industry that uses mainstream computing chips,” an Nvidia spokesperson said.
The AI GAIN Act and similar rules have been efforts by the US to put forward their own needs. However, the enforcement of such an act would mean new trade restrictions for exporters, further complicating the system.
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 Q2 2025.
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10. UiPath Inc. (NYSE:PATH)
Number of Hedge Fund Holders: 42
UiPath Inc. (NYSE:PATH) is one of the 10 Buzzing AI Stocks on Wall Street. On September 5, DA Davidson analyst Lucky Schreiner assumed coverage on the stock with a Neutral rating and a price target of $12.00 (from $14.00).
The coverage initiation follows PATH’s strong second-quarter fiscal 2026 results, with a larger than typical annual recurring revenue (ARR) beat and better-than-expected guidance.
The company’s previous go-to market changes are helping it land higher quality customers, who are currently experimenting with Agents.
“With this note, we are transitioning coverage of UiPath with a NEUTRAL rating and $12 price target. UiPath reported strong 2Q26 results with a larger than typical ARR beat while providing a better than expected guide sending shares higher after hours. Past go-to-market changes are helping drive pipeline growth and allowing UiPath to land higher quality customers. Customers are experimenting with Agents and management sounds incrementally positive. However, we are waiting to see more consistent execution before getting comfortable with the upside to growth.”
UiPath Inc. (NYSE:PATH) is a well-known software as a service (SaaS) enterprise that develops AI-powered automation platforms to help businesses transform their operations.
9. Hewlett Packard Enterprise Company (NYSE:HPE)
Number of Hedge Fund Holders: 60
Hewlett-Packard Enterprise Company (NYSE:HPE) is one of the 10 Buzzing AI Stocks on Wall Street. On September 4, Morgan Stanley analyst Erik Woodring reiterated an Overweight rating on the stock with a $28.00 price target following its latest quarterly report.
According to the firm, HPE’s results have been “largely as-expected” with modest revenue beat and some margin variability. October guidance was in-line to slightly ahead of consensus estimates, including a full quarter of Juniper Networks results.
“Tonight’s results were largely as-expected – modest topline upside, some noise around margins, but an October guide that was in-line to slightly better than Consensus, inclusive of a full quarter of JNPR results. Underlying this performance/guide was solid execution across segments, a key factor we wanted to see after a few quarters of mixed results, better than expected end-market demand commentary, and faster-than-expected mix shift to Networking, which accounted for 46% of operating income this quarter despite just 1 month of JNPR contribution.”
The firm discussed how AI sever margins were concerning due to a single large deal in the quarter and not because of some underlying structural issue. Overall, the firm believes that HPE’s earnings report has been a “small step in the right direction,” and the company did what it needed to do (execute).
“HPE’s next catalyst – October 15th Analyst Day (SAM) – should prove to be more important as we’ll get more detail on long-term growth targets, multi-year margins/a long-term synergies update, capital allocation and FCF margins, all of which play an important role in shifting sentiment and driving multiple expansion from here.”
Hewlett Packard Enterprise Company (NYSE:HPE), an American multinational technology company, provides high-performance computing systems, AI software, and data storage solutions for running complex AI workloads.
