For the past two years, global markets have been dominated by a series of seemingly unrelated investment themes. Artificial intelligence (AI) companies have announced hundreds of billions of dollars in data center spending. Governments have stepped up investments in semiconductor manufacturing, defence production and electricity grids. Energy transition projects are accelerating, while countries are racing to secure critical supply chains.At first glance, these appear to be separate stories.However, according to Ravi Dharamshi, Founder and Chief Investment Officer at ValueQuest Investment Advisors, they may all be part of a much larger structural shift that could shape global investment for years to…