HSBC AI Impact Study: Taiwan Leads 53% Share

HSBC maps AI’s economic impact, finding Taiwan captures 53% AI-enabled revenue under moderate disruption scenario.
Large disruption scenario shows Europe’s net AI disruption, with Austria losing 30% below baseline, Spain and Ireland 20%, France 11%.
Semiconductors and technology hardware emerge as top beneficiaries, while commercial services, media, banks and healthcare equipment face deep losses.
HSBC analyzed ~2,000 business lines via FactSet RBICS and GPT‑5, identifying 300 AI‑related lines and sector exposure patterns.