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67/100 Bearish 11.06.2026 · 11:56 Finrend AI ⏱ 1 dk 👁 3 TR

Goldman Sachs: Rising AI Spending Brings Risks for Stocks

Goldman Sachs has stated that the increase in capital expenditures (capex) in the field of artificial intelligence (AI) also raises risks for AI stocks. In its assessment for investors, the bank indicated that estimates suggesting total AI-related capital expenditures could reach $920 billion by 2027 are likely overly optimistic. This raises questions about the sustainability of current investment levels. Goldman Sachs analysts emphasized that rising spending could pressure corporate profitability, particularly affecting major technology firms operating in the AI space. The bank noted that investors should consider these risks, as valuations in AI stocks already reflect excessive expectations. The report warned that the returns on investments in AI infrastructure have yet to become clear, and this uncertainty could lead to market volatility. Goldman Sachs highlighted that spending in areas such as data centers and specialized chips continues unabated, but it remains to be seen how much of this investment will translate into profitable projects. In conclusion, Goldman Sachs' analysis suggests that optimism surrounding AI stocks may be tested. The bank stresses that investors need to more carefully evaluate the risks in this area and that current spending estimates may not be realistic. This is not investment advice.

📊 GS — Piyasa Yorumu

▼ down · 70%

The news headline emphasizes that the increase in artificial intelligence spending poses a risk for stocks. Technical indicators also confirm selling pressure: RSI is in oversold territory at 28.8, MACD is below the signal line, and the price is below both the 20-day and 50-day moving averages. The 4% decline in the last 24 hours suggests that negative momentum may continue in the short term. However, the RSI being in oversold territory could open the door for a potential technical rebound.

RSI 14
28.8
MACD
-12.59
24h Δ
-4.08%

📊 NVDA — Piyasa Yorumu

▼ down · 65%

The news headline reinforces the negative sentiment in the sector by noting that the increase in artificial intelligence spending poses a risk to stocks. NVDA shares have fallen 2.75% in the last 24 hours, and while the RSI at 33.8 is approaching oversold territory, the MACD line remains below the signal line and in negative territory. Trading below the 20- and 50-day moving averages suggests that short-term weakness may persist. Therefore, downward pressure is expected to continue in the near term.

RSI 14
33.8
MACD
-2.76
24h Δ
-2.75%

📊 AMD — Piyasa Yorumu

▼ down · 65%

AMD shares fell 3.8% in the last 24 hours, closing at $451.67. While the RSI at 36 approaches oversold territory, the MACD remains below the signal line in negative territory. Trading below the 20-day and 50-day moving averages ($470 and $495, respectively) indicates short-term weakness. Goldman Sachs' warning that rising AI spending poses a risk could increase sector uncertainty and add further pressure on AMD. Therefore, the downtrend is likely to continue over the next 1-3 days.

RSI 14
36.0
MACD
-11.71
24h Δ
-3.82%

📊 AVGO — Piyasa Yorumu

▼ down · 65%

The news headline creates a negative perception for the sector, citing that increased AI spending poses a risk for stocks. AVGO's technical indicators support this view; the RSI at 33.3 is near oversold territory but has not yet signaled a recovery. The MACD line is below the signal line and in negative territory, indicating continued short-term bearish momentum. The price is trading below both the 20-day and 50-day moving averages and has lost 4.86% in the last 24 hours. Therefore, downward pressure is expected to persist in the short term.

RSI 14
33.3
MACD
-10.95
24h Δ
-4.87%
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