HSBC has adopted an overweight position in US stocks, spurred by artificial intelligence’s rapid growth. The bank identifies key players such as Nvidia and AMD and expects significant investments in sectors like semiconductors and cloud infrastructure.
Alongside its US investments, HSBC targets growth in Asia, specifically in China, India, and Singapore, where local demand for technology is robust. This diversification is a strategy to balance global investment risks.
Willem Sels, HSBC’s Global Chief Investment Officer, emphasizes AI’s transformative effect on business, creating extensive investment opportunities. The bank expects the momentum in the tech sector to drive substantial returns for investors.
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