3 Stocks Set to Benefit from Trump's New Budget Bill: Intel, Lam Research, and KLA Corp.

President Trump has signed the new tax and regulatory policy bill, dubbed "The One Big, Beautiful Bill." Stocks benefiting from the legislation include Intel Corp., Lam Research, and Micron MU, as they are favored in industries such as semiconductors and manufacturing. The bill provides tax credits for companies that invest in new chip fabs, and funding for the artificial intelligence sector. Shares of these companies have already risen significantly in 2025 and are expected to continue benefiting from the new legislation.

President Trump's recently signed tax and regulatory policy bill, dubbed "The One Big Beautiful Bill," is poised to significantly impact the semiconductor and artificial intelligence (AI) sectors. The legislation provides substantial benefits to companies involved in these industries, with Intel Corp., Lam Research, and Micron Technology (MU) among the key beneficiaries.

The bill offers tax credits of up to 35% for companies investing in new chip fabrication plants (fabs), a move that is expected to stimulate growth in the semiconductor industry. Intel, a major player in this sector, has already received $7.86 billion in direct funding from the U.S. Department of Commerce under the U.S. CHIPS and Science Act. This funding is part of a broader initiative to advance critical semiconductor manufacturing and advanced packaging projects across the country [1].

The legislation also allocates substantial funding for the AI sector. Federal tax credits and grants for domestic AI training hubs are expected to accelerate demand for AI chips, particularly those produced by companies like Nvidia (NVDA). Nvidia's financials reflect the growing demand for its products, with data center revenue soaring 409% to $18.4 billion in Q4 fiscal 2024 [2].

Lam Research, a key supplier of semiconductor manufacturing equipment, is also set to benefit from the increased demand in the sector. The company's stock has risen significantly in 2025, reflecting investor optimism about the potential for growth in the semiconductor industry.

Micron Technology, which produces memory chips, is another company that stands to gain from the new legislation. The bill provides tax credits for companies investing in new chip fabs, which could lead to increased production of memory chips.

Overall, the "One Big Beautiful Bill" is expected to have a positive impact on the semiconductor and AI sectors. Companies in these industries are likely to benefit from increased funding and tax credits, which could drive growth and innovation in the coming years.

References:
[1] https://finance.yahoo.com/news/intel-benefit-higher-tax-credits-131500016.html
[2] https://www.nasdaq.com/articles/why-artificial-superintelligence-could-arrive-sooner-wall-street-thinks