高盛：投资者减持大型科技公司

Goldman Sachs stated that investors are reducing their exposure to the "Magnificent Seven" in favor of AI beneficiaries, such as semiconductor companies, rather than the hyperscale cloud providers that are funding massive AI expenditures.

Goldman Sachs believes the market is rewarding companies that generate returns from AI investments while questioning those bearing the costs. Until hyperscale cloud providers demonstrate stronger earnings growth, cautious sentiment toward large tech companies may persist.