---
title: "Goldman Sachs Executive Warns of Volatility in AI and Semiconductor Stocks Due to Leveraged ETFs"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/286887905.md"
description: "Goldman Sachs managing director Shawn Tuteja warns that AI and semiconductor stocks may experience increased volatility due to 2x and 3x leveraged ETFs. A 3% decline in these stocks could lead to a 10% drop, as leveraged products may exacerbate selling during downturns. However, Tuteja does not view the current market as a bubble."
datetime: "2026-05-19T09:34:23.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286887905.md)
  - [en](https://longbridge.com/en/news/286887905.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286887905.md)
---

# Goldman Sachs Executive Warns of Volatility in AI and Semiconductor Stocks Due to Leveraged ETFs

Goldman Sachs managing director Shawn Tuteja has expressed concerns about the potential for increased volatility in AI and semiconductor stocks due to the use of 2x and 3x leveraged ETF products. According to NS3.AI, Tuteja highlighted that a 3% decline in these stocks could rapidly escalate to a 10% drop as leveraged products might intensify selling during downturns. Despite these concerns, Tuteja clarified that he does not perceive the current market as a bubble.

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