高盛谈AI交易:“AI基建”的下半年风险,“AI应用”的“输家”短期难翻身

华尔街见闻
Feb 26

当AI资本开支越冲越猛、估值越来越贵时,高盛提醒市场:真正的风险,往往出现在“增速开始放慢”的那一刻。 2月24日,高盛全球投资研究在其策略报告《AI交易的拓宽与收窄》中称,近期AI交易波动显著上升,背后两股力量在拉扯市场:一边是科技巨头资本开支持续“超预期”,另一边是投资者对“AI颠覆传统行业利润池”的担忧快速升温。 受强劲的资本开支指引推动,存储芯片概念股今年迄今平均大涨55%;而受“AI颠覆...

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