HSBC stated that the current market correction has gone too far, with technology and industrial stocks falling 8% to 9% over a three-month period, and some sectors dropping nearly 20% from their peaks. HSBC remains bullish on oversold AI infrastructure, semiconductor, and power-related stocks, and has listed 11 Buy-rated equities: Google, Applied Materials, Baker Hughes, Bloom Energy, Citigroup, Freeport-McMoRan, GE Vernova, NextEra Energy, Oracle, Sempra, and Vertiv.