'The Money Is Very, Very Clear:' BlackRock Says The Biggest Winners Of AI Revolution Are Hidden In Plain Sight — And Investors Are Missing Them
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Ben Powell, the chief investment strategist for the Asia-Pacific region at BlackRock Inc., predicts that the current wave of capital investment in artificial intelligence (AI) infrastructure is far from its peak. AI Capex Boom Favors Chipmakers, Suppliers Powell, on the sidelines of the Abu Dhabi Finance Week, highlighted that the suppliers of AI “picks and shovels” such as chipmakers, energy producers, an ...