Goldman Sachs Asset Management believes that as a large number of new bonds pour into the market, the company currently has the largest debt in the field of low-allocation artificial intelligence, and it is expected that hyperscale cloud service providers will also issue large amounts of debt. Lindsay Rosner, head of multi-industry fixed income investing at Goldman Sachs Asset Management, said in a TV interview on Thursday: “We think hyperscale cloud service providers will issue a large number of bonds. We are under-allocating to this sector overall because we know there will be more bond supply.” “This has continued throughout this year, and new bond issues are replacing existing bonds,” Rosner said. Rosner said that the low allotment is mainly due to the expectation that bond supply will remain high, not because of pessimism about the AI outlook. She said her team is still optimistic about the “AI narrative,” but also realizes that issuing more bonds may prompt the market to reprice them.

Goldman Sachs Asset Management believes that as a large number of new bonds pour into the market, the company currently has the largest debt in the field of low-allocation artificial intelligence, and it is expected that hyperscale cloud service providers will also issue large amounts of debt. Lindsay Rosner, head of multi-industry fixed income investing at Goldman Sachs Asset Management, said in a TV interview on Thursday: “We think hyperscale cloud service providers will issue a large number of bonds. We are under-allocating to this sector overall because we know there will be more bond supply.” “This has continued throughout this year, and new bond issues are replacing existing bonds,” Rosner said. Rosner said that the low allotment is mainly due to the expectation that bond supply will remain high, not because of pessimism about the AI outlook. She said her team is still optimistic about the “AI narrative,” but also realizes that issuing more bonds may prompt the market to reprice them.