BlackRock Science and Technology Term Trust on Nvidia
Thesis
Nvidia represented 3.7% of net assets and remained one of BSTZ's ten largest holdings. BlackRock believes advanced semiconductors and compute remain foundational to the AI buildout and are being supported by unprecedented investment. The fund expects structural tailwinds for well-positioned technology leaders as AI deployment accelerates and competitive moats widen.
“advanced semiconductors, compute, and model innovation remain foundational”
Key risks
- General changes in market sentiment toward science and technology companies
- Science and technology companies may underperform the broader market