TechFlow reports, July 17, according to Goldman Sachs expectations, the US stock market is set to welcome another strong earnings season. Goldman Sachs expects S&P 500 component stocks' Q2 earnings to surge 22% year-over-year, with AI infrastructure-related stocks contributing nearly 60% of the growth, among which Micron Technology and Nvidia combined contribute over 40%. If ultimately realized, this will be the second consecutive quarter for the S&P 500 to achieve earnings growth exceeding 20%.
The Goldman Sachs report emphasizes that the current focus of the market is not on the performance of the tech giants themselves, after all, the AI spending of hyperscale cloud providers is already evident, but rather on whether broader enterprises in the supply chain can achieve earnings realization based on AI demand. (Cailianshe)
