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Benzinga
Benzinga
Business
Anusuya Lahiri

AI Party Is Not Over, Goldman Sachs Issues Top Picks

Goldman Sachs Nvidia HubSpot Nasdaq United States NVDA OpenAI Snowflake TSM
Nvidia stock rising

Goldman Sachs is doubling down on artificial intelligence, highlighting infrastructure and data management as prime investment opportunities despite market concerns over high valuations.

Brook Dane, co-head of public tech investing at the firm, pointed to companies like Nvidia (NASDAQ:NVDA), Taiwan Semiconductor Manufacturing Co (NYSE:TSM), Snowflake (NYSE:SNOW), and HubSpot (NYSE:HUBS) as beneficiaries of the AI boom, signaling that selective stock picking in this sector could yield significant returns as enterprise adoption and capital spending accelerate.

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