Goldman Sachs: AI's New Winners Will Be Infrastructure and Energy, Not Chips

Although the headline suggests Goldman Sachs will focus on energy and infrastructure in its AI investments, this is not a direct positive catalyst for the stock. Technical indicators are weak: the price is below both the 20-day and 50-day moving averages, and the MACD is in negative territory. A 3.8% decline has occurred in the last 24 hours, with the RSI at 43, indicating that selling pressure may continue. In the short term, there is no strong signal for a recovery, so I believe the downward movement could persist.

The news headline suggests that AI investments will shift toward infrastructure and energy sectors rather than chip manufacturers, which could create a short-term negative perception for chip stocks such as NVDA. Technically, the price is below the 20-day moving average, and the RSI at 47.5 indicates weak momentum. The MACD line is below the signal line and showing a negative trend, suggesting that selling pressure may continue. The 1.89% decline over the last 24 hours, combined with the impact of the news, increases the likelihood of further pullback in the short term. However, since the price remains above the 50-day average, the downside is expected to be limited, with support likely found in the $213–$215 range.

The news headline suggests that AI investments will shift toward infrastructure and energy sectors rather than chipmakers, which could create a negative perception for semiconductor stocks like AMD. Technical indicators support this view: the stock has lost 3.9% in the last 24 hours, the RSI is near oversold territory at 35, and the MACD is issuing a sell signal. The price is trading below the 20-day and 50-day moving averages, indicating that short-term weakness may persist. However, the low RSI level and the possibility that the news has not yet been fully priced in limit the confidence in a bearish outlook. Over the next 1-3 days, selling pressure is likely to continue, but due to oversold conditions, consolidation or a slight pullback is expected rather than a sharp decline.

The news suggests that AI investments are shifting toward infrastructure and energy sectors rather than chip manufacturers, which could create a short-term negative perception for semiconductor stocks such as AVGO. Technically, the price is just below the 20-day moving average (424.46) and below the MACD signal line, indicating weak momentum. The RSI at 52 is in neutral territory, but the low percentage change on the latest close and the SMA20 acting as resistance may limit upside movement. Short-term selling pressure could emerge, but the decline is not expected to be severe as the SMA50 still provides support below the price. Therefore, the direction is downward, but with a moderate level of confidence.