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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

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

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

Published June 23, 2026 · Category: Finance

Overview

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

Source

Originally published at www.marketwatch.com.

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