《大行報告》高盛:美股對AI樂觀情緒高漲 但認為尚未出現科技泡沫
高盛發表報告指,美股對AI樂觀情緒高漲,但尚未出現科技泡沫或超出新冠疫情後的高峰。該行認為市場反映的長期增長估算升至11%,高於長期平均水平的9%,但仍低於科技泡沫時期的16%及2021年後期的13%。在最大十隻TMT股票當中,每股盈利增長預測中值為15%,略高於標普500預測中值11%,但仍低於科技泡沫時期的24%及2021年10月時的18%。十隻TMT預測市盈率28倍,亦低於科技泡沫時期的52倍及2021年後期的43倍。
報告指,投資者關注除英偉達(NVDA.US)以外,正發掘其他有潛力受惠AI的股份,認為進入AI趨勢第二期,將會涉及AI基建,包括半導體、雲服務供應、器材、數據中心REITs等;第三期則涉及提升業務模式的企業,包括軟件及資訊科技;第四期涉及提升生產能力的企業,包括軟件服務、商業及專業服務等。
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