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The new investment map: AI, chips and minerals reshape capital flows

U.N. report raises questions about who benefits from the next phase of globalization as capital concentrates in key sectors.

Data centers attracted more new foreign investment than any other sector in 2025 as demand for artificial intelligence infrastructure accelerated worldwide.
Data centers attracted more new foreign investment than any other sector in 2025 as demand for artificial intelligence infrastructure accelerated worldwide. (İsmail Enes Ayhan/Unsplash)

GENEVA (AN) — Global foreign direct investment rose 6% to $1.6 trillion in 2025, ending two consecutive years of decline, but the recovery was concentrated in a small number of countries and strategic sectors tied to artificial intelligence, semiconductors, critical minerals and energy infrastructure, according to a new United Nations report.

The World Investment Report 2026 from the U.N. Conference on Trade and Development suggests that international investment is entering a new phase in which geopolitical competition, industrial policy and economic security concerns shape where capital flows and who benefits.

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