BlackRock bets on ‘pick and shovel’ trade, singling out clear winners in AI spending spree
- Posted on December 8, 2025
- By CNBC
- 5 Views
BlackRock bets on ‘pick and shovel’ trade, singling out clear winners in AI spending spree
Powell noted that leading tech firms have only begun to tap debt markets to fund the next phase of AI expansion, suggesting additional capital is on the way.
