Artificial Intelligence (AI) is driving market innovation at an unprecedented pace, transforming the operational models and business strategies across various industries. According to a research report by IDC, by 2030, AI is expected to contribute up to $19.9 trillion to the global economy, playing a crucial role in future economic growth. The asset management industry is closely monitoring this trend and launching relevant financial products to capitalize on the powerful investment opportunities.

On October 22, BlackRock launched two new actively managed ETFs focused on technology growth and AI, further enhancing its ETF product lineup. These two ETFs are:

1. iShares AI Innovation and Tech Active ETF (BAI.US): This ETF invests in 20 to 40 global AI and tech stocks, aiming to maximize returns for investors. Its top three holdings include Nvidia, Meta, and Microsoft, all of which have demonstrated exceptional performance in terms of technological innovation and market influence.
2. iShares Technology Opportunities Active ETF (TEK.US): This ETF covers 50 to 70 tech companies involved in semiconductor, software, hardware, internet services, and emerging industries, including companies like Nvidia and Apple that are driving technological advancements. The goal is to achieve long-term capital appreciation.

Tony Kim, Head of BlackRock's Technology Department, noted that we are at the dawn of an intelligent revolution. These actively managed ETFs provide investors with the opportunity to tap into undervalued and overlooked investment prospects in the AI and advanced technology sectors, offering the potential for significant returns in the rapidly changing market environment.

The launch of these AI-focused ETFs reflects the high enthusiasm for AI in the market. AI applications are no longer limited to tech products; they are driving innovation across industries. More and more traditional sectors are adopting AI solutions, making related companies the focal point of capital markets. As technology advances and its scope expands, we foresee that more industries will benefit from this technological revolution.

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