The stock market has ridden the excitement for artificial intelligence (AI) to new heights. It's not all hype; according to McKinsey, AI could add as much as $13 trillion to the global economy by 2030.

While Trump has promised to cut taxes and boost business, he's also expressed his desire to regulate certain big tech players, and his tariff-based trade policy could affect the artificial intelligence (AI) companies that rely on foreign-made components.

Experts at a Congressional Internet Caucus Academy briefing this week explored the role artificial intelligence played in the 2024 election, and the ways policy helped to reduce its negative impacts.

Despite playing active and lucrative parts in the artificial intelligence (AI) boom, Advanced Micro Devices (NASDAQ: AMD) and Micron Technology (NASDAQ: MU) are trading more than 30% below their peak prices.