New Delhi, Aug. 16 -- The impact of artificial intelligence (AI) adoption on US corporate earnings is expected to become more visible in the coming quarters as companies accelerate enterprise AI spending, although measurable productivity gains remain at an early stage, according to a Goldman Sachs report.

The brokerage's analysis of S&P 500 companies' Q2 2026 earnings showed that AI infrastructure firms are already benefiting significantly, while the broader corporate sector has yet to see a material earnings boost.

S&P 500 earnings growth in Q2 2026 is tracking at 31 per cent year-on-year, excluding "other income" linked to certain private investment stakes. Earnings of hyperscalers and AI infrastructure companies benefiting from their...