3 Chipmaker Stocks to Benefit From the Incoming Trump Administration

Government Policy and AI Regulation - The Biden administration issued an executive order requiring companies with large AI models to share information with the federal government [1] - President-elect Trump is expected to roll back Biden's executive order, which he criticized for hindering AI innovation and imposing radical left-wing ideas [3] - Trump is likely to promote AI data center infrastructure and encourage AI use for national security, while expanding export restrictions on AI technology to counter China [3] AI-Related Stocks and Chipmakers - Stocks like Marvell Technology (MRVL), Broadcom (AVGO), and QUALCOMM (QCOM) are expected to benefit from the incoming administration's policies [2] - Chipmakers have outperformed other AI-related stocks due to custom designs that extend AI into new devices and industries, alongside robust data storage solutions and design tools [2] Company Performance and Earnings Growth - Marvell Technology (MRVL) has an expected earnings growth rate of 12.6% for the current year, with a 15.4% improvement in the Zacks Consensus Estimate over the past 60 days [4] - Broadcom (AVGO) has an expected earnings growth rate of 45% for the current year, with a 4.5% improvement in the Zacks Consensus Estimate over the past 60 days [5] - QUALCOMM (QCOM) has an expected earnings growth rate of 7.5% for the current year, with a 4% improvement in the Zacks Consensus Estimate over the past 60 days [6]