AI will continue to be the major theme this year, as all of my industry friends say, though many warn that the pace of growth might slow a bit, given the base for comparison is so high. An executive with a server component company that supplies Nvidia, AMD and Google told me that his company’s AI-related business grew more than 100 per cent in 2023, 2024 and 2025, but it is only forecasting an increase of around 20 per cent for 2026, as it is hard to keep up the previous pace.