Broker Research: Sector, Macro and Strategy Notes

Goldman Sachs·2026-09-01Macro

FGM.USUS auto SAAR: actualAug 2026

Goldman Sachs·2026-09-01Sector

AMAT LRCX ONTO TERUS semiconductor equipment·OverweightAI semiconductors·Overweight

Goldman Sachs·2026-09-01Strategy

IBKR.USUNH VRTXVertex Pharmaceuticals·Overweight

Goldman Sachs·2026-09-01Macro

Japan recurring profits (MOF): actualApr-Jun 2026Japan capex incl. software (MOF): actualApr-Jun 2026

Goldman Sachs·2026-09-01Sector

0688.HK600048.SHChina property developers·Neutral

Goldman Sachs·2026-09-01Macro

China RatingDog manufacturing PMI: actualAug 2026

Goldman Sachs·2026-09-01Sector

SKHYNIX SMSNMemory·OverweightKorea memory exports: actualAug 2026

Goldman Sachs·2026-09-01Sector

SKHYNIX SMSNMemory·Overweight

Goldman Sachs·2026-09-01Sector

GOOGLLYFT.USTSLA UBERAutonomous vehicles·Neutral

Goldman Sachs·2026-09-01Macro

China real GDP growth: GS forecast2026China current account surplus: GS forecast2026

Goldman Sachs·2026-09-01Sector

7201.T7267.TJapan autos·Neutral

Goldman Sachs·2026-08-31Thematic

6473.T6479.T6723.T7203.T7259.THumanoid robots·OverweightJTEKT·OverweightGlobal humanoid robot unit sales: GS forecast2035

Goldman Sachs·2026-08-31Sector

3110.T3436.T4004.T4182.T4186.T5016.T5706.TJapan electronic materials·Overweight

Goldman Sachs·2026-08-31Sector

FDX.USUPS

Goldman Sachs·2026-08-31Sector

APH FGM.USTSLA VRTDatacenter supply chain·Overweight

Goldman Sachs·2026-08-31Credit

Private credit·Neutral

Goldman Sachs·2026-08-31Sector

SKHYNIX SMSNMemory·OverweightHBM pricing growth: GS forecast2027E

Goldman Sachs·2026-08-31Macro

China NBS manufacturing PMI: actualAug 2026China NBS non-manufacturing PMI: actualAug 2026

Goldman Sachs·2026-08-31Sector

FDS.USSPGITRI.USVRSK.USInformation services with proprietary data·OverweightWhite-collar staffing·Underweight

Research: Broker notes on sectors, macro, rates and strategy

US Autos & Industrial Tech August US auto SAAR was about 16.8

Americas Semiconductors What to Expect at Communacopia + Technology Conference

US Conviction List - Directors' Cut September 2026 Update

Japan: Apr-Jun MOF Corporate Statistics: Sharp Rise in Corporate Recurring Profits; Capex Also Increases Modestly

CHINA NEW ENERGY VEHICLE WEEKLY CHARTBOOK 2026 Week 35 - Weekly order -6% wow, NEV retail-wholesale penetration 64%-71% in Aug MTD

CHINA PROPERTY WEEKLY WRAP: Week 35 Wrap-Volume and sentiment mixed; new central-level policies launched

China Unofficial Manufacturing PMI Rose in August

South Korea Tech August 2026 export tracker Strong memory

South Korea Tech Memory Pricing Tracker

US AVs Robotaxi and AV Tracker - Deployments update

China Economic Outlook From Weak to Weaker

Japan Automobiles: Honda and Nissan Sign Joint Development Agreement for ECUs, In-Vehicle OS, and Software

JAPAN AUTOMOBILES: Humanoids & Auto: Building Physical AI Together

JAPAN CHEMICALS SPECIALTY Earnings revisions for 7 electronic

US Tariff Impact Tracker LA Imports Dip Before Labor Day

US Autos & Industrial Tech 2Q26 Earnings Takeaways & Communa

ALTERNATIVES ANALYST Private Credit-Redemption Concerns Fade, While Software Moves Into Focus

GS DRAM Sentiment Indicator Aug. 2026 Bull/Bear Debate

China Official Manufacturing PMI Rose While Non-Manufacturin

AI winners and disruption risks-Stock implications from our 3rd AnnualSilicon Valley AI Field Trip