[Goldman Sachs Asset Management underweights large-scale cloud service providers and expects the wave of bond issuance to continue] September 25th, Goldman Sachs Asset Management believes that as a large amount of new debt pours into the market, the company is currently underweight the company with the largest debt in the field of artificial intelligence (AI), and it is expected that ultra-large-scale cloud service providers will also issue large amounts of debt. Lindsay Rosner, head of multi-industry fixed income investment at Goldman Sachs Asset Management, said in an interview with the media on Thursday: "We believe that very large-scale cloud service providers will issue a large amount of bonds. We are underweight this sector as a whole because we know there will be more bond supply." Rosner said: "This situation has been throughout the year, and new bonds are replacing existing bonds." Rosner said the underweighting is mainly due to the expectation that bond supply will remain high, not because of pessimism about the prospects of AI. She said her team remains bullish on the "AI narrative" but is aware that more debt issuance could prompt market repricing.