BlackRock: The wave of capital flowing into AI infrastructure is far from peaking

Jinse Finance reported that Ben Powell, Chief Investment Strategist for BlackRock Asia-Pacific, stated that the capital expenditure surge in the artificial intelligence (AI) infrastructure sector is ongoing and far from reaching its peak. Powell believes that as tech giants race to increase their investments in a "winner-takes-all" competition, the "pick-and-shovel" providers of foundational resources for the sector—such as chip manufacturers, energy producers, and copper wire manufacturers—are the most definitive investment winners.