According to Goldman Sachs's expectations, the US stock market will usher in another strong profit season. Goldman Sachs expects earnings from S&P 500 components to soar 22% year-on-year in the second quarter. Among them, AI infrastructure-related stocks contributed nearly 60% of the increase, with Micron Technology and Nvidia contributing more than 40% in total. If finally realized, this would be the second consecutive quarter of S&P 500's profit growth of more than 20%. The Goldman Sachs report emphasizes that the current focus of the market is not the performance of the tech giants themselves — after all, the AI spending of hyperscale cloud computing companies is already evident — but rather whether a wider range of companies in the industry chain can achieve profit with AI demand.

According to Goldman Sachs's expectations, the US stock market will usher in another strong profit season. Goldman Sachs expects earnings from S&P 500 components to soar 22% year-on-year in the second quarter. Among them, AI infrastructure-related stocks contributed nearly 60% of the increase, with Micron Technology and Nvidia contributing more than 40% in total. If finally realized, this would be the second consecutive quarter of S&P 500's profit growth of more than 20%. The Goldman Sachs report emphasizes that the current focus of the market is not the performance of the tech giants themselves — after all, the AI spending of hyperscale cloud computing companies is already evident — but rather whether a wider range of companies in the industry chain can achieve profit with AI demand.