AI's Reach Deepens: BlackRock Bets on HALO Stocks Like PPG Over Nvidia

BlackRock argues AI investing isn’t all about Nvidia; it points to a HALO theme—capital-intensive, hard-to-digitize assets like utilities and manufacturing—as a way to diversify amid AI disruption. PPG Industries is highlighted as a concrete example: using AI to develop a new fast-drying automotive clearcoat (Deltron D8178) that boosts efficiency and creates new products. The takeaway is that AI’s impact may be broader than the current Nvidia-focused trade, so investors might combine AI exposure with value and infrastructure plays, without dumping Nvidia.