Silicon Valley’s biggest names are throwing their weight behind President Donald Trump’s 2024 campaign, betting on a deregulatory boom that could unleash the next wave of AI innovation. With industry leaders like Andreessen Horowitz and Elon Musk rallying behind Trump’s platform, the AI sector is preparing for a significant growth phase if he returns to office.
Investor Louis Navellier, who predicted early successes with Apple and Nvidia, believes that a Trump win could lead to substantial investment opportunities in AI. According to Navellier, Trump’s focus on deregulation and tech freedom will be a driving force behind the expected boom.
The selection of Sen. J.D. Vance as Trump’s running mate has further solidified the campaign’s tech-friendly stance. Vance’s background as a Silicon Valley venture capitalist aligns with Trump’s plan to dismantle regulations and pave the way for AI development. This strategy has already attracted major industry support, with several tech investors betting on a Trump-led AI surge.
Trump’s 2019 Executive Order #13,859 laid the groundwork for AI advancements by increasing research funding while also introducing the first regulatory framework for AI. Tech leaders view these policies as essential to fostering innovation and are optimistic that a second Trump term could accelerate progress in the sector.
Navellier, who frequently consults with tech insiders, believes that Trump’s first executive order in 2025 will offer unprecedented opportunities for those poised to invest in the AI boom.
