Investors should raise AI chip, data centre exposure: deVere

Binaya Dahal

Journalist

13 April 2026

Investors should increase their holdings in semiconductor companies and data centre infrastructure as it provides the most reliable route into the artificial intelligence boom, according to deVere Group’s chief executive Nigel Green.

He said the AI investment cycle has moved beyond questions of which models or platforms will ultimately win and has entered a phase where chips, power, compute capacity and connectivity increasingly capture the bulk of value.

“Compute is the bottleneck of the AI economy. Semiconductor companies, advanced packaging specialists and cloud infrastructure providers are central to this expansion,” Green said. “Those supplying the tools enabling AI are positioned to benefit regardless of which models or platforms ultimately dominate.”

Green added the demand for compute capacity, storage and connectivity continues to outstrip supply and it is that imbalance which will support sustained revenue growth across the AI ecosystem. The data shows semiconductor sales are in line to surpass $700 billion, with AI-specific chips representing the fastest-growing segment.

The impact has been visible in earnings momentum and order pipelines with Nvidia’s revenue more than tripling year-on-year at peak points in the current cycle, and suppliers across the value chain reporting sustained backlogs as capacity struggles to keep pace with demand.

He further flagged cybersecurity as a secondary beneficiary of the buildout, as rising AI adoption expands the attack surface for businesses and governments and pushes the global cybersecurity market towards a forecast $250 billion within two years.

The advisory group acknowledged that geopolitical tensions, including the Iran conflict, has pushed risk premiums higher and caused intermittent equity market pullbacks.

But Green argued that technology companies had not adjusted their capital expenditure plans in response. “Major technology firms are increasing commitments, not reducing them,” he said.

“AI revolution – and it is a genuine revolution – is advancing at pace. War and geopolitical tensions are real risks, but they do not alter the direction of technological progress or capital allocation.”