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Barchart
Barchart
Aanchal Sugandh

Goldman Sachs Says This 1 Stock Is Set to Be the Biggest AI Productivity Winner

The Goldman Sachs Group (GS) is seeing an intriguing new way to play the artificial intelligence (AI) boom, shifting attention from the chipmakers and infrastructure providers that have dominated the trade toward companies that can use AI to cut labor costs while lifting productivity.

Following Q2 earnings, Goldman refreshed its AI Productivity Beneficiaries basket after screening Russell 1000 companies for two traits that could make AI especially valuable. They were high labor costs relative to sales and significant exposure of their wage bills to AI automation.

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