Lates News

Brook Dane from Goldman Sachs Asset Management stated that even as geopolitical tensions escalate with the Iran war and artificial intelligence spending accelerates, investors still need to allocate to semiconductor companies and other AI-related assets. Dane said, "The world is more uncertain now than it was four months ago. Therefore, the risk premium may structurally rise. But this does not change the direction and scale of the trends we see." He noted that the demand for AI infrastructure remains strong and computing power is still the most scarce resource in the market, supporting the multi-year capital expenditure cycle led by large tech companies. He said, "From a bottom-up fundamental analysis, our benchmark forecasts still point to accelerating capital expenditure growth and resilience over a longer period of time. We are currently not in the late stage of the cycle, but in the early to middle stage. There are still plenty of opportunities in the AI basic 'shovel-ready' chip ecosystem to realize wealth and compound growth."