Goldman Sachs Calls Cloud and Data Center Subsector, US Stocks Pre-market Alibaba, Global Switch, CenturyLink, and Kingsoft Cloud Rise

BlockBeats News, June 9th, according to Bitget market data, in pre-market trading, VNET surged over 12%, GBS surged over 8%, KC surged over 6%, and BABA surged nearly 1%.

Goldman Sachs released a report reevaluating five key investor debate topics shaping the landscape of Chinese AI models: the competitive dynamics between U.S. and Chinese AI models; the increasingly intense price competition among Chinese model operators; the exponential growth driver of Tokens, and the rationale behind the surge in Token billings; the capital expenditure/free cash flow outlook of Hyperscalers; the morphological characteristics of Agentic AI and the interactive interference among agents.

Goldman Sachs predicts that by the end of this year, daily Token usage in China will reach 350 trillion. The sub-industries of cloud and data centers remain Goldman Sachs' most favored areas in the second half of 2026. The top recommended targets are still Alibaba, GBS, VNET, and KC.