Goldman Sachs evaluates the AI chip industry chain: NVIDIA and three other companies rated as buy, adopting a "barbell" strategy to layout the semiconductor sector

Goldman Sachs released a research report covering several U.S. digital semiconductor and EDA software companies for the first time, pointing out significant investment opportunities in AI-related capital expenditures. Analysts rated NVIDIA, Broadcom, Cadence Design Systems, and Synopsys as "buy," with target prices of $185, $315, $380, and $620, respectively. The report emphasizes that AI infrastructure capital expenditures have surpassed $350 billion. Although it will take time to realize profits, early signs of revenue growth have supported continued investment. Analysts believe the semiconductor market is undergoing rapid restructuring, and a "barbell" investment strategy will focus on performance and cost advantages