Goldman Sachs is bullish on Chinese AI: There is no overall bubble in the industry. The power supply chain, hardware infrastructure, and embodied AI are worth investing in.

According to the Zhitong Finance APP, Kinger Lau, the Chief China Equity Strategist at Goldman Sachs Research, stated that there is currently no bubble in China's artificial intelligence (AI) industry as a whole. The recent market adjustments have brought related valuations back to healthy levels, and he pointed out three sub-industries with significant investment opportunities.