Apparently the Biden AI restrictions on China are because the US military is behind China on AI weaponry
https://www.foxnews.com/tech/america-win-race-china-military-tech-supremacy
Monday, Biden is issuing an executive order directing the government to focus on AI, particularly in cybersecurity, defense and intelligence
Schumer said Thursday he is looking to appropriate $32 billion for AI in the budget (months away).
https://www.washingtontimes.com/news/2023/oct/26/chuck-schumer-says-ai-legislation-months-away-bide/
Won’t show up in earnings for a while, but the defense budget for AI should dwarf corporate budgets for AI
NVDA / AMD / Intel / PLTR are the most obvious to benefit
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