Goldman Sachs Data: Hedge Funds Net-Sell AI Chips Despite 50% Rally
Hedge funds have trimmed U.S. semiconductor holdings, pushing the AI-focused chip sector into selling after Goldman Sachs prime brokerage data showed the bank’s AI semiconductor basket outperformed the S&P 500 by 50%. GS oil analysis reports global stockpiles drew down at a record pace, sending WTI near $97.
1. Hedge Funds Trim Chip Exposures
Hedge funds have reduced long positions in U.S. semiconductor stocks over the past month, turning the AI-driven chip rally into a net-selling scenario for 2026 as managers lock in gains and rebalance portfolios.
2. Goldman Sachs Prime Brokerage Insights
Goldman Sachs prime brokerage data shows its AI semiconductor basket outperformed the S&P 500 by more than 50% this year, underscoring robust demand for AI infrastructure and highlighting the bank’s pivotal role in hedge fund clearing.
3. Commodities Desk Sees Oil Volatility
Goldman’s commodities research indicates global crude stockpiles have drawn down at a record pace amid U.S.-Iran tensions, driving WTI prices toward $97 and increasing volatility that shapes the bank’s trading strategies.