[BlackRock: Riding the AI Wave to Continue Increasing Allocation to U.S. Stocks] According to a report by Jinse Finance, BlackRock's latest perspective suggests that multiple major trends are reshaping the global economy and markets, with artificial intelligence (AI) being the most critical. The tech industry is shifting from 'asset-light' to 'highly capital-intensive,' and the speed and scale of AI infrastructure development could reach unprecedented levels. As a result, BlackRock maintains a risk-on stance and continues to increase its allocation to U.S. stocks under the AI theme. BlackRock also cautions that AI could give rise to entirely new profit models and spread across various industries and the broader economy. Similarly, the ultimate winners within the tech industry remain unclear. While overall capital expenditure investments may yield positive outcomes, they may not be evenly distributed across all companies. Therefore, the AI theme will evolve into an active investment topic. (Jin10)