US President Donald Trump has recently signed an executive order, aiming to block states from enforcing their own artificial intelligence (AI) regulations.
“We want to have one central source of approval.” Trump told reporters in the Oval Office.
The government aims to create a “single national framework” for AI instead.
“This is an executive order that orders aspects of your administration to take decisive action to ensure that AI can operate within a single national framework in this country, as opposed to being subject to state level regulation that could potentially cripple the industry.”
-White House aide Will Scharf said of the executive order in the Oval Office.
According to David Sacks, White House crypto and AI czar, the order would set the stage for a nationwide AI framework, developed in coordination with Congress.
“In the meantime, this EO gives your administration tools to push back on the most onerous and excessive state regulations,” Sacks said.
Sacks noted that the administration will not push back on state-level regulation around child safety and AI, and that the EO “does not mean the Administration will challenge every State AI law.”
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 Q3 2025.
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10. Rivian Automotive, Inc. (NASDAQ:RIVN)
Number of Hedge Fund Holders: 36
Rivian Automotive, Inc. (NASDAQ:RIVN) is one of the 10 Buzzing AI Stocks on Wall Street. On December 15, Canaccord Genuity maintained its “Buy” rating on the stock with a $21.00 price target. The rating affirmation follows RIVN’s first Autonomy & AI Day, with analysts sharing upbeat takeaways driven by the company’s tech culture and long-term vision.
Canaccord Genuity attended the event at Rivian’s Palo Alto, California facility, which serves as the home for the company’s autonomy and technology teams. Thanking the team for hosting them, the firm noted how attendee anticipation was matched by Rivian’s “tangible excitement.” The team was very excited to showcase and explain their work.
The company made several announcements at the event, including a proprietary chip, RAP1, designed for “physical AI”; an evolved software architecture; a new AI assistant; and a road map for getting to “personal L4,” which are fully self-driving personally owned vehicles.
“Takeaways from Rivian’s 1st Autonomy & AI Day. On Thursday, we attended Rivian’s first Autonomy & AI Day (a webcast replay can be found here) at the company’s Palo Alto, California facility – home of Rivian’s autonomy and technology teams. Thank you to the team for hosting us! Attendee anticipation was met by Rivian’s tangible excitement, with team members eager to unveil and explain the manifestation of years of dedication. Kudos!”
Rivian Automotive, Inc. (NASDAQ:RIVN) is an automaker that creates and manufactures electric vehicles, as well as software and services.
9. CrowdStrike Holdings, Inc. (NASDAQ:CRWD)
Number of Hedge Fund Holders: 66
CrowdStrike Holdings, Inc. (NASDAQ:CRWD) is one of the 10 Buzzing AI Stocks on Wall Street. On December 15, Citizens maintained “Market Outperform” rating on the stock with a price target of $550.00. Analysts at the firm have defended CRWD’s premium valuation, citing its strong leadership position in the endpoint protection market.
The company currently trades at a calendar year 2026 estimated EV/revenue multiple of 21.5x and a CY26E EV/FCF multiple of 71.7x. Meanwhile, the firm’s $550 price target implies a “23.4x CY26E EV/revenue multiple, a premium to the mean multiple of 10.5x for our peer group and a 9% premium to the current stock price.”
“We believe the premium is justified based on CRWD’s strong leadership in the endpoint protection market and a growing total addressable market led by intelligent product development/acquisition choices within cloud security, next-gen SIEM, DSPM, and other critical categories within cybersecurity.”
CrowdStrike Holdings, Inc. (NASDAQ:CRWD) is a leader in AI-driven endpoint and cloud workload protection.
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