Industrial and infrastructure stocks may soon find themselves sharing the investment spotlight with the artificial intelligence sector. Market analysts suggest that shifting policies and evolving consumer behavior could create a favorable environment for these traditionally slower-moving industries, even as Big Tech and AI stocks experience a turbulent month.

Mike Atkins, founding partner at ETF Action, believes a meaningful trend is taking shape. Speaking with CNBC’s “ETF Edge,” he noted that older segments of the market—such as industrial equipment and infrastructure-related companies—have lagged in recent years. But he sees renewed momentum emerging as global supply chains undergo redirection.

“There is a significant push away from globalization and toward reshoring,” Atkins explained. “That shift has real potential to continue, and many industrial names are positioned to benefit.”

Ryan O’Connor, CEO of Global X, shares this optimism. He emphasized that infrastructure businesses play a supporting role in sustaining the rapid expansion of artificial intelligence. His firm manages the Global X U.S. Infrastructure Development ETF (PAVE), which tracks companies involved in construction, engineering, and a range of industrial projects across the country.

“Infrastructure is a central theme for us, especially given that PAVE remains our largest ETF,” O’Connor said during the same interview. “We believe the reshoring movement, combined with increased investment in U.S. industrial development, presents compelling opportunities.”

So far this year, the Global X infrastructure ETF has gained 16 percent. Meanwhile, the VanEck Semiconductor ETF (SMH)—which counts major AI-related firms such as Nvidia, Taiwan Semiconductor, and Broadcom among its holdings—has climbed 42 percent as of last Friday’s market close.

Although both funds have declined slightly this month, PAVE has held up better. Its largest positions currently include Howmet Aerospace, Quanta Services, and Parker Hannifin, according to the company’s website.

In addition to infrastructure, O’Connor sees electrification as another major catalyst. He pointed out that the ongoing AI revolution requires massive expansions in power capacity, data centers, and electrical systems.

“To keep supporting this AI boom, the electrification of the U.S. economy is essential,” he said. He highlighted the firm’s U.S. Electrification ETF (ZAP), which gives investors exposure to companies working in this area. The fund has risen nearly 24 percent this year.

For the month, the Global X U.S. Electrification ETF has also performed slightly better than the VanEck Semiconductor ETF, reinforcing the idea that industrial and infrastructure-oriented sectors may be gaining ground in the broader market landscape.