BlackRock's global chief investment strategist said he sees good prospects for semiconductor and hardware stocks in the artificial intelligence boom.

Wei Li, Chief Investment Strategist at Blackrock, stated that as part of their artificial intelligence strategy, the asset management company has increased holdings in semiconductor and hardware stocks. Li said on Friday that the artificial intelligence industry is currently in a developing stage, and it is still unclear whether model providers, computing providers, or companies with strong data and intellectual property will dominate. She said, "In terms of application stages, I think there is still no definitive answer."