[Goldman Sachs Says AI Sector Remains Attractive, $800 Billion Mega Investment Supports Asia's Hardware Chain] Deep Tide TechFlow reports that on September 25, Timothy Moe, Chief Asia-Pacific Equity Strategist at Goldman Sachs, stated that despite rising government bond yields, AI-related stocks remain attractive. Moe remarked, 'We belong to the clear camp of "stronger for longer."' He pointed out that mega-scale cloud computing companies are expected to invest approximately $800 billion this year, with investment potentially reaching around $1.2 trillion by 2027, signaling significant demand for Asia's AI hardware supply chain. Moe noted that the 'extremely low' valuation levels in Asian markets also provide additional support for related stocks. Currently, the overall price-to-earnings ratio of Asian stock markets is about 10 times, at the lower end of historical valuation ranges. He added that corporate earnings growth will also help cushion the impact of a high-interest-rate environment. For the remainder of the year, Moe anticipates that as the U.S. midterm elections approach, the market may continue to experience 'somewhat bumpy' trends, with high energy prices and geopolitical risks adding pressure. However, after this phase concludes, he believes that driven by corporate earnings growth and valuation recovery, the market may see an upward trend by the end of the year. (Jin10)