Top Investment Chief: 3 sectors to BUY for the AI trade's next decade

<p>Andy Goldberg is the chief investment strategist at Nomura Asset Management International (https://nomuraassetmanagement.com/). He joins Phil Rosen on Full Signal to discuss the bull and bear case on the AI boom, whether hyperscaler debt and circular financing are red flags, the three sectors that benefit downstream from AI, and why he&#39;d welcome a Fed rate hike.</p><p><br></p><p>This episode is sponsored by Harbor Capital Advisors: https://www.harborcapital.com/suite/ai-labs/</p><p><br></p><p>Subscribe to Opening Bell Daily: https://www.openingbelldailynews.com/subscribe</p><p>Follow Phil on X: https://x.com/philrosenn</p><p>Follow Phil on LinkedIn: https://www.linkedin.com/in/philrosen/</p><p><br></p><p>Timestamps:</p><p><br></p><p>0:00 - AI early innings</p><p>4:23 - Forward valuations</p><p>8:00 - Bearish narratives</p><p>10:24 - Hyperscalers turn to debt</p><p>12:38 - Owning the AI trade through debt</p><p>14:08 - Nvidia and circular financing</p><p>18:30 - Cyber risks and data center backlash</p><p>20:59 - Healthcare</p><p>24:57 - Industrials</p><p>27:47 - Financials</p><p>32:49 - Rates and the broadening trade</p><p>38:13 - How higher rates cap valuations</p><p>39:52 - Find Andy&#39;s work</p><p><br></p><p>#podcast #investing #markets #tech #ai #macro #stocks #bitcoin #fed</p>