While investment in AI has been all the rage and is the reason why stock indices in the U.S. are dominated by tech stocks, particularly the “Magnificent 7,” savvy investors are beginning to broaden their outlook and pay attention to the sectors where major governments around the world are allocating huge chunks of money as sectors to diversify into and tap the opportunities presented by future growth opportunities.
Already, the defense and aerospace index in Europe has registered an uptick of 68% as investment inflows seek to tap into the renewed interest in these industries by governments in the region. The fact that this is coming at a time when AI is dominating headlines around the world, with entities like Meta Platforms Inc. (NASDAQ: META) enjoying their spots in the limelight, shows that government spending…
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