BlackRock Shifts Emerging-Market Equities to Overweight Recommendation

BlackRock Inc. shifted its recommendation for emerging-market equities back to overweight, anticipating that the artificial-intelligence boom will drive market outperformance. The investment firm expects strong corporate earnings and high demand for scarce resources to increase the value of constrained assets and bolster profits.

BlackRock identifies South Korea and Taiwan as critical hubs for semiconductor and memory chip supply chains. Simultaneously, the firm notes that Latin American markets offer essential exposure to the commodities and infrastructure required to support AI development. The company believes increased technology investment will directly raise the value of these resources.