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HSBC's Sels Rotates Away from Semiconductors into Applications and Cloud

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Nov 10th, 2026 HSBC's Sels Rotates Away from Semiconductors into Applications and Cloud On semiconductors, HSBC Private Bank's Global CIO Willem Sels says, "in terms of delays and in thinking about how different parts of the stack react to the delays, therefore do we change our positioning? We have done so: we are much more in the cloud and in the applications." He speaks to Bloomberg's Tom Mackenzie, Anna Edwards, and Guy Johnson on "The Opening Trade."

Nov 10th, 2026 HSBC's Sels Rotates Away from Semiconductors into Applications and Cloud On semiconductors, HSBC Private Bank's Global CIO Willem Sels says, "in terms of delays and in thinking about how different parts of the stack react to the delays, therefore do we change our positioning? And I think we do. We have done so: we are much more in the cloud and in the applications." He speaks to Bloomberg's Tom Mackenzie, Anna Edwards, and Guy Johnson on "The Opening Trade."
HSBC (ORG) Sels Rotates Away from Semiconductors (ORG) HSBC Private Bank's (ORG) Bloomberg (PERSON) Tom Mackenzie (PERSON) Anna Edwards (PERSON) Guy Johnson (PERSON)
Originally published by Bloomberg Markets Read original →