AI资本开支“踩刹车”反成利好？前小摩策略师：市场反弹需巨头表态“止损”

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智通财经APP获悉，前摩根大通全球研究首席策略师兼联席主管马尔科·科拉诺维奇周四表示，人工智能交易正在上演戏剧性反转——若某家科技巨头收紧AI基础设施支出，转守利润与现金流，市场反而有望迎来反弹。今年科技股主导的抛售潮中，软件板块首当其冲。市场既在定价AI颠覆性冲击带来的不安，又日益担忧超大规模厂商资本开支持续攀升，或已触及不可持续水平。与此同时，资金向价值股的显著轮动，正成为2026年市场主线...

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