高盛：投资者减持大型科技公司

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

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