As artificial intelligence (AI) continues to generate headlines (quite literally) and build wealth for investors, the industry is attracting investors from both sides of the aisle. That's with good reason, as the AI revolution won't be restricted to the tech sector, says BlackRock Global Chief Investment Strategist Wei Li - who recently explained that AI will make a significant impact in sectors like healthcare, financials, and industrials, among others. The proverbial “picks and shovels” of the industry are still semiconductor chips, with forecasts calling for massive market expansion.
And while the two parties might not agree on much else, politicians from both sides of the aisle are becoming significant investors in the AI ecosystem. Most recently, big trades by former Speaker of the House and current Rep. Nancy Pelosi (D-CA) have grabbed headlines, along with some purchases made by the similarly outspoken Rep. Marjorie Taylor Greene (R-GA). Let's have a closer look at their recent AI trades.
