BlackRock Investment Institute says winners of the artificial intelligence race will mostly be U.S. stocks, with only select Chinese names making the cut. The firm maintained a neutral view on Chinese stocks while staying overweight on the U.S., noting that China's manufacturing strength alone does not guarantee attractive equity returns. The tech-heavy ChiNext index has soared more than 20% this year, but the broader MSCI China index is down over 10%, while major U.S. indexes have climbed more than 10%. BlackRock sees opportunities in physical AI integrated into hardware such as robotics, and favors stocks exposed to scarce industry inputs including infrastructure plays from China to Latin America.
Goldman Sachs Group Inc
Invesco PlcBlackRock IncBlackRock's own investment views are highlighted, reinforcing its strategic positioning.
Advanced Micro Devices Inc