The Zhitong Finance App learned that Wells Fargo strategist Ohsung Kwon recently pointed out that tech giants' AI spending is “trickling out” to the wider real economy, and industrial stocks will be the main beneficiaries. This judgment is not an empty optimistic expectation — judging from the three dimensions of macroeconomic data, corporate financial reports, and policy games, the spillover effects of AI investment are actually occurring, but they are also facing increasingly severe political resistance.

The Zhitong Finance App learned that Wells Fargo strategist Ohsung Kwon recently pointed out that tech giants' AI spending is “trickling out” to the wider real economy, and industrial stocks will be the main beneficiaries. This judgment is not an empty optimistic expectation — judging from the three dimensions of macroeconomic data, corporate financial reports, and policy games, the spillover effects of AI investment are actually occurring, but they are also facing increasingly severe political resistance.