Goldman Strategist Compares AI Market to a 'Rubber Band,' Questions Its Stretch

Rich Privorotsky, a strategist at Goldman Sachs, describes the AI market as a 'rubber band,' raising questions about how far its current growth and capital expenditure increases can be sustained.

23 Jun, 09:50 — 23 Jun, 09:50

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marketwatchMostly Factual70d ago

The AI market has become a ‘rubber band’ — the question now is how far it can stretch, says Goldman strategist

Rich Privorotsky, strategist at Goldman Sachs, said that while so-called hyperscalers continue to increase their capital expenditure forecasts, artificial intelligence software is becoming cheaper to develop elsewhere

By Nora Redmond

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Goldman Strategist Compares AI Market to a 'Rubber Band,' Questions Its Stretch

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The AI market has become a ‘rubber band’ — the question now is how far it can stretch, says Goldman strategist

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