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Zooming In: Opportunities in AI beyond the 'Magnificent 7' - Episode 3

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Zooming In on Opportunities in AI beyond the 'Magnificent 7'

by Willem Sels, Global Chief Investment Officer, HSBC Global Private Banking and Wealth
Jul 23, 2024

After a warm reception of the first two episodes of our Zooming In video series, we are back with the third chapter.

The AI rally has supported our overweight in global stocks and IT, but can that continue? What kind of companies will make money from AI and are investors better off in tech or in the indirect beneficiaries of AI? Watch Willem Sels, GPB&W Global CIO engage in an interesting discussion with our Head of Data Science and Analytics, HSBC Global Research, Mark McDonald.

AI’s boost to productivity is expected to lift global economic growth while also capping inflationary pressures. In this video, we zoom into the outlook for AI demand, current high US tech valuations, and search for potential winners who can integrate AI to increase revenues while lowering costs.

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Welcome to the third episode of Zooming In series where our GPB&W Global CIO, Willem Sels, and the Head of Data Science and Analytics, HSBC Global Research, Mark McDonald talk about Opportunities in AI beyond the 'Magnificent 7'.

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