Investor Kevin Simpson found opportunities amid the market volatility this week. The founder and CEO of Capital Wealth Planning snapped up two non-tech names that he said could benefit from the artificial-intelligence buildout. They are among the opportunities he sees outside of the “Magnificent Seven” for his firm’s growth strategy. Simpson bought Eagle Materials , which manufactures heavy construction materials and light building materials in the United States. He already owns Home Depot , but wanted to branch out beyond residential building and more into multifamily and commercial construction. “When you think of the data centers, talking about concrete — so much in the way of the supply business that we like,” Simpson said in an interview on CNBC’s ” Halftime Report .” The stock is trading at 17 times forward earnings and the company has a lot of free cash flow, he noted. “I don’t know that we’re late to the party,” he added. “All these companies that are beneficiaries, AI adjacent, I think these material companies can really benefit from that spend.” Shares of Eagle Materials are up more than 7% year to date, but have lost about 4% so far this week. Another name that should benefit as tech companies build data centers to run artificial intelligence models is TopBuild , Simpson said. The company focuses on insulation for buildings. He called it “a very strong opportunity set in the building sector.” “If the buildout over the next few years happens, the suppliers are going to be tremendous beneficiaries,” Simpson said. TopBuild’s stock shed about 2% week to date but is up nearly 16% so far this year.