Goldman Sachs sees strong momentum in Asia driven by AI spending
Photo: Crypto Briefing
The bank flags Japan, India and China as standouts and forecasts a 26% dollar return for Asia ex-Japan stocks over the next year Goldman Sachs says Asia is having a very good AI year. The bank points to Japan, India and China as the places where the momentum is strongest. The driver is money spent on AI infrastructure: chips, power and data centers. Goldman thinks that spending wave is far from over, and it has raised its forecasts accordingly. Kevin Sneader, Goldman’s president for Asia-Pacific excluding Japan, made the case during a Bloomberg TV interview on October 14, 2026.
Source: Crypto Briefing
