Overspending fears have become the key AI market narrative: HSBC
HSBC warned investors that worries about big tech companies spending too much on AI have become the main story in AI-related stocks. The bank said investors keep shifting between different AI themes as they try to guess which will win through 2026. HSBC analyst Alastair Pinder created a model to track which AI story global equities are following, looking at hyperscalers, chips, software and Chinese internet firms.
5.4Significance
1 source6.0Source trust