BREAKING
Goldman: Rotation From Mag7 to Chips
0
%
SOX Index YTD
0
%
Mag7 YTD
Spenders vs Beneficiaries
Spenders
Hyperscalers
●
Heavy AI capex
●
Free cash flow squeezed
Beneficiaries
Chipmakers
●
Nvidia, Broadcom, AMD
●
High revenue visibility
Nvidia Up, Microsoft Down
NVDA YTD
4.6
MSFT YTD
-18
0
T
Mag7 cap decline
0
%
Capex YoY growth
A Risk Recalibration, Not an Exit
AI NEWS BLITZ
Goldman Sachs says investors are rotating out of the Mag7 and into chip stocks.