Tech/AI semis resilient: GS dip buy opp, AVGO/MU/AMAT/PLTR beats w/ESG activism
Key Questions
Why does Goldman Sachs see a buying opportunity in tech stocks?
Goldman Sachs flags a generational buy opportunity in beaten-down US tech stocks post-rotation, with Mag7 down $1.1T. Tech shows resilient fundamentals despite YTD lag vs energy.
What recent deals boosted Broadcom (AVGO) stock?
Broadcom gained on agreements with Google and Anthropic, plus Jefferies coverage. It lags YTD vs energy but remains an AI anchor with dividends at 22-30x fwd P/E.
How has Micron (MU) performed in Q3 with HBM?
Micron reported $33.5B in HBM for Q3, with price target $750. This supports semis resilience amid AI demand.
What are the YTD and 1Y gains for SOXX ETF?
iShares Semiconductor ETF (SOXX) is up 14% YTD and 119% over 1 year, rebounding vs oil. It offers broad exposure to the sector.
What ESG risks face AI data centers?
Investors are pressing Amazon, Microsoft, and Google on water and power use in US data centers, with emissions and water risks highlighted. Abandoned projects underscore concerns.
Which stocks beat expectations like AMAT and PLTR?
Applied Materials (AMAT) reported $7.65B revenue with PT $500, Photronics (PLAB), Vertiv (VRT) $15B, AMD, and Palantir (PLTR) +93%. These show AI semis strength.
Is Apple (AAPL) holding up amid tech rotation?
Apple stock is holding flat as traders weigh iPhone 17 demand signals. It anchors alongside NVDA Rubin, LRCX, Meta, Alphabet, MSFT.
What AI investment anchors remain key per analysts?
Meta and Alphabet remain key AI investments beyond rotation. AI chip stocks and providers like those in hedge fund favorites are projected for strong growth.
GS generational buy opp flags cheap post-rot (Mag7 -$1.1T)/AVGO Google/Anthropic/Jefferies/YTD lag vs energy/SOXX 119% 1Y/14% YTD/MU Q3 $33.5B HBM/PT $750/WDC Q2 $3B/STX +6%/AMAT $7.65B/PT $500/PLAB/VRT $15B/AMD/PLTR +93%/AAPL iPhone17/NVDA Rubin/LRCX/Meta/Alph anchors/MSFT/AVGO div/22-30x fwd/QQQ/SOXX rebound vs oil; data ctrs water/emissions risks/Nutanix BB $1.5B.