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Exclusive: Goldman bankers say the next AI boom is in the physical economy

Goldman Sachs analysts suggest the next phase of AI growth will shift toward the physical economy amid a $757B capex supercycle.

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The brief

Goldman Sachs bankers and strategists are identifying a shift in the AI landscape, with an exclusive report from Axios stating the next boom lies in the physical economy. This comes as the firm predicts three specific stocks will benefit most from a $757B AI capital expenditure supercycle.

Coverage from MarketWatch and FXStreet emphasizes risks and volatility, describing the AI market as a 'rubber band' and citing a 'reflexive loop' as a primary risk. Meanwhile, Bloomberg reports that strategists see opportunities in Big Tech during periods of chip volatility.

Future developments center on how far the AI market can stretch and which specific stocks will capture the projected capex spending.

Synthesized by Archynetys from the headlines below under a strict no-invention contract. ✓ fact-checked: all claims supported by sources Updated 2h ago.

Quick answers

Where is the next AI boom expected to occur?

According to Axios, Goldman bankers believe the next boom is in the physical economy.

What is the projected value of the AI capex supercycle?

Yahoo Finance reports that Goldman Sachs predicts a $757B AI capex supercycle.

What risks are associated with the AI market?

Goldman's 1 Delta desk identifies the reflexive loop as the biggest risk, while a strategist described the market as a 'rubber band' in MarketWatch.

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