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BlackRock's Vavrek: AI Hardware to Drive EM

Source: Bloomberg

Artificial IntelligenceEmerging MarketsTechnology & InnovationInvestor Sentiment & Positioning

BlackRock's Head of Emerging Markets, Egon Vavrek, said AI hardware makers and "picks-and-shovels" suppliers to hyperscalers are positioned to drive emerging-market performance. The comments signal a constructive investment view on emerging-market technology supply-chain beneficiaries, though no specific companies, forecasts, or financial figures were provided.

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