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

MarketWatch · Jun 23, 2026, 9:50 AM

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

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