BlackRock aconseja invertir en sectores reforzados por la IA

BlackRock advises investors to focus on sectors bolstered by artificial intelligence (AI), while maintaining an active and diversified position. The investment bank bets on infrastructure, energy, raw materials, and healthcare as key areas for growth. Despite recent uncertainties surrounding AI, BlackRock recommends managing investments in this theme rather than avoiding it, and targeting companies or segments benefiting from AI.

The firm remains convinced that the AI theme presents a profitability opportunity, particularly in an environment of valuation improvements. BlackRock believes the market correction this summer was not due to deteriorating fundamentals, but rather a reflection of improved earnings expectations for AI and semiconductor companies.

The primary risk, they argue, is not exposure to AI, but unintentional accumulation. Therefore, a focused approach locating investments within, around, and beyond AI is gaining weight. BlackRock advises seeking industries beyond the pure technology sector that can benefit from AI, such as construction, industrial materials, engineering, transportation, and energy infrastructure.

The expansion of data centers, power grids, and energy storage systems is driving demand for infrastructure. Energy also plays a significant role in their view, given the substantial energy requirements of AI expansion. Nuclear energy is gaining prominence, as the need for stable, continuous, and emission-free electricity generation strengthens the case for investing in nuclear-related companies, which enjoy increasing regulatory support worldwide.

Diversified commodities have also been a focus due to the geopolitical and climate context of this year, as well as their role in the intersection of AI infrastructure, energy security, and energy transition. These commodities provide differentiated exposure to the AI ecosystem and energy sector, while offering potential hedging against rising geopolitical tensions and contributing to portfolio diversification even when precious metals like gold are already allocated.