HSBC's Oden Highlights Potential in Chip Sector Amid Market Volatility & AI Growth

Jun 24th, 2026 HSBC's Oden Highlights Potential in Chip Sector Amid Market Volatility & AI Growth Racquel Oden, US Head of International Wealth, Asset Management, and Global Private Banking at HSBC, discussed the current market dynamics surrounding the chip sector, particularly focusing on Micron's influence. She emphasized the importance of maintaining a long-term investment perspective despite short-term volatility driven by fluctuating oil prices and uncertain interest rate directions signaled by the Federal Reserve chair. She speaks with Romaine Bostick & Katie Greifeld on "The Close." [Image text:] MOSTUSINVESTORSUSEAI.NOTFOR BIGDECISIONS FINDINGS FROM HSBC'S NEW AI SURVEY 57%ofUSaffluentinvestorsuse Alfor financial/investmenttasks(vs.73%globally HSBC Only7%citeAlasmostinfluential factor inlastinvestmentdecision(12%globally 38%surveyedinUSpreferhybridapproach ofAlandadvisors Bloomberg TheClose