On Tuesday, June 10, White House AI czar David Sacks said that the chance of American AI chips falling into the wrong hands isn’t as grave as it seems. He also expressed concerns that regulating U.S. artificial intelligence too tightly could hinder growth and give China a chance to step ahead in the AI arms race.
“We talk about these chips like they could be smuggled in the back of a briefcase. That’s not what they look like. These are server racks that are eight feet tall and weigh two tons,” Sacks said at the AWS summit in Washington…They don’t walk out doors. It’s very easy to basically verify that they’re where they’re supposed to be.”
-David Sacks
“I do worry we’re on a trajectory where fear could overtake opportunity and we end up sort of crippling this wonderful progress that we’re seeing.
READ ALSO: 10 AI Stocks on Wall Street’s Radar and 10 Buzzing AI Stocks on Latest News and Ratings.
Sacks’ concerns are valid, with history proving how rigid rules around AI chips exports, particularly in Biden’s era, failed to prevent the birth of disruptors such as DeepSeek. Naturally, Trump rescinded Biden’s executive order, and also the so-called AI diffusion rule, which limited the amount of American AI computing capacity that some countries were allowed to obtain via U.S. AI chip imports.
“We rescinded that Biden diffusion rule, which…made diffusion a bad word. Diffusion of our technology should be a good word.” Sacks said.
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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15. BigBear.ai Holdings, Inc. (NYSE:BBAI)
Number of Hedge Fund Holders: 17
BigBear.ai Holdings, Inc. (NYSE:BBAI) ) is one of the 15 AI Stocks Making Waves on Wall Street. On June 11, the company announced a strategic partnership with Easy Lease PJSC, UAE’s leading provider of integrated mobility solutions, and Vigilix Technology Investment L.L.C, a specialist in technology investments and advisory services.
Through this partnership, the UAE and the broader region will be able to undergo digital transformation through the acceleration, development, and deployment of innovative AI-enabled solutions. The three companies will be leveraging their expertise in AI, operations, and strategic advisory services to develop advanced technologies for the region’s high-growth industries.
Leading the collaboration is BigBear.ai, which will focus on developing and integrating the advanced AI tools. Meanwhile, Easy Lease will be responsible for providing its operational leadership and market reach, and Vigilix with regional insights for successful market impact.
“This partnership is both a privilege and a milestone for BigBear.ai. It is a powerful endorsement of our technology and values. This project also marks a major first step in our international expansion. Together with Easy Lease and Vigilix, we are committed to advancing the UAE’s AI capabilities, delivering mission-critical systems that enhance safety, mobility, and operational effectiveness across the region.”
-Kevin McAleenan, CEO of BigBear.ai.
BigBear.ai Holdings, Inc. (NYSE:BBAI) is an artificial intelligence specialist that provides decision intelligence solutions for national security, digital identity, supply chain and logistics, enterprise operations, and manned-unmanned teaming in autonomous systems.
14. Super Micro Computer, Inc. (NASDAQ:SMCI)
Number of Hedge Fund Holders: 40
Super Micro Computer, Inc. (NASDAQ:SMCI) is one of the 15 AI Stocks Making Waves on Wall Street. On June 11, the company announced an expansion of the industry’s broadest portfolio of solutions designed for NVIDIA Blackwell Architecture to the European market.
The 30+ solutions offer the most comprehensive and efficient solution stack for NVIDIA HGX B200, GB200 NVL72, and RTX PRO 6000 Blackwell Server Edition deployments. These solutions will accelerate the deployment of European enterprise AI factories across any environment.
Supermicro’s solution stack will not just enable the deployment of NVIDIA Enterprise AI Factory validated design, but also support the upcoming introduction of NVIDIA Blackwell Ultra solutions, anticipated later this year. This includes the NVIDIA GB300 NVL72 and HGX B300.
A major highlight of Supermicro’s latest offerings is its DLC-2 liquid cooling technology, which has the ability to remove up to 250kW of heat per rack. Through this innovation, customers will be able to deploy much more compute power within existing facility constraints, all while maintaining optimal thermal performance for sustained AI workloads.
“With our first-to-market advantage and broad portfolio of NVIDIA Blackwell solutions, Supermicro is uniquely positioned to meet the accelerating demand for enterprise AI infrastructure across Europe. Our collaboration with NVIDIA, combined with our global manufacturing capabilities and advanced liquid cooling technologies, enables European organizations to deploy AI factories with significantly improved efficiency and reduced implementation timelines. We’re committed to providing the complete solution stack enterprises need to successfully scale their AI initiatives.”
-Charles Liang, president and CEO of Supermicro.
