🚀🚀 Month 6 since launch was also really strong. 🚀🚀

It wasn’t until last week that things started to slow down a bit. But over the past two days, it’s been on a nice upward trend again. At one point, the portfolio even briefly touched 40k before getting hammered down again.

Based on the algorithm, I was invested in Western Digital ($WDC (+3,76 %)), Lumentum ($LITE (+4,75 %)), Kioxia ($285A (+7,32 %) ), Bloom Energy ($BE (+2,58 %)), Micron ($MU (+3,9 %)), and Dell ($DELL (+1,73 %)). In addition, outside the algorithm, we are invested in SanDisk ($SNDK (+5,15 %)).

The starting value was approximately 28,750 euros. Due to capital gains tax incurred when exchanging Ciena ($CIEN (+2,47 %)) for Micron and Dell, 350 euros were lost; in addition, there was a capital inflow of 2,250 euros. This amount was allocated to the new holdings Micron and Dell and, outside the algorithm, to an additional share of SanDisk ($SNDK), since SanDisk is now among the 100 most valuable companies worldwide and has shown the strongest momentum signals over the past 12 months, but remains in the MSCI World Small Cap Index. So I started with 7 stocks and 30,650 euros. And the month once again delivered just under +21% for the satellite portfolio.

+6,350 euros in gains – a 21 percent increase in 30 days 🚀

Who was involved and how it went:

• Bloom Energy +10% 🚀
• Western Digital +21% 🚀🚀
• Lumentum +3.5% 🐌
• Kioxia +32% 🚀🚀🚀
• SanDisk +37% 🚀🚀🚀
• Micron +17% 🚀
• Dell +1% 🐌

The overall result was heavily driven by Kioxia. Western Digital and SanDisk follow in second and third place. In absolute terms, however, Micron and Bloom Energy also made significant contributions. Dell and Lumentum didn’t hurt the portfolio, and once again, all stocks are in positive territory on a monthly basis. 😍

YTD, the momentum performance now stands at a strong +165% TTWROR. 🤯😍

For Q2/2026, it’s +105%. 💪🏼

It would be nice to close out the next month above the 40k mark.

The analysis will now show whether there are any changes for July. I’ll give you this much: The last trading day shook things up again, and at least Dell won’t be in the mix anymore. The analysis is underway... (Edit: see the July portfolio in the comments)

Only 27 more to go until a million 🥹

Correction of the June allocation: WDC is exchanged for SNDK, as these are now finally available on wikifolio!!!!

Hello everyone, there's big news for the Momentum project in May! I have added a new side project to my overall strategy: the "Global 1200 Momentum Leaders"-model is officially launched.

In order to keep the reporting clear, I will separate the monthly performance figures. I will present the long-term view (YTD, Last 365 Days etc.) consolidated as the sum of the individual strategies.

📊 The hard facts (consolidated overall strategy)

• Starting capital May: 41.058,00 €
• Final capital May: 48.276,00 €
• Absolute increase in value:
  +7.217,71 €

• Performance May: +17,45 %
• Current quarter: +42,65 %
• Performance YTD: +91,59 %

• Last 365 Days: +205,58 % (CAGR last 365D: 205.58 %)
• Since start (10/2023):
  +519,37 % (CAGR since start: 98.33 % 🔥)

My annual target of 50,000 for the end of 2026 is therefore already within reach in May 2026! As I stopped my monthly savings installment some time ago (as it had hardly any impact), this milestone is 100% the work of the momentum machine.

📈 The monthly performance split

US Momentum Leaders (Wikifolio)

• Monthly performance May:
  +3,86 % (Share of total momentum: 64 %)
• Insight: A solid month, even if performance was slowed down a little. The reason: Our actual number 1 (SanDisk / SNDK) is unfortunately not tradable in the Wikifolio due to a lack of European trading authorization. We had to enter the race in May with numbers 2 and 3.

Side project: Global 1200 Momentum Leaders

• Monthly performance May:
  +61,00 % (Share of total momentum: 36 %)

Insight: An absolute rocket launch for the new model,

• which you can look forward to seeing in detail soon!

🛠️ Rebalancing & portfolio reallocation for June

In the Wikifolio (US Momentum Leaders): Due to a weak monthly performance, both Lumentum $LITE (+4,75 %) as well as Ciena $CIEN (+2,47 %) were removed from the portfolio. Our rule-based system knows no emotions. The two new additions for June are two old acquaintances that already formed the backbone of the portfolio from October to April: Micron Technology $MU (+3,9 %) and Western Digital $WDC (+3,76 %) have truly earned their ticket back into the wiki! Since $SNDK (+5,15 %) is still not tradable on the wiki, we will have to make do with this line-up in June - but the returnees have proven quality.

CORRECTION: WDC will now be changed to SanDisk!!!!!, as a

In the Global 1200 Momentum Leaders model: Everything remains stable here and we enter the new month with the existing May allocation. SanDisk $SNDK (+5,15 %) (USA) and Kioxia ($285A (+7,32 %)
Japan) continue to occupy the undisputed 1st and 2nd places in the current share pool.

Conclusion:

May impressively demonstrated how important the further development of the overall system can be. While the Wikifolio was rather weak this month, the Global 1200 model ignited the performance turbo. An annualized return (CAGR) of over 98% since the start shows in black and white what is possible with focused momentum.

#Investing
#Momentum
#Wikifolio
#Performance
#Zinseszins
#Finanzen
#SanDisk
#Micron
#WesternDigital
#QuantStrategy

🚀🚀 May (the 5th month since the launch) also delivered a great performance. 🚀🚀

It only ran out of steam a little in the final week. But in the last 30 minutes of trading it has turned upwards again. I am following the algorithm with Western DIgital ($WDC (+3,76 %)), Lumentum ($LITE (+4,75 %)), Ciena ($CIEN (+2,47 %)), Kioxia ($285A (+7,32 %)) and Bloom Energy ($BE (+2,58 %)) at the start.

The initial value was approx. 22,700 euros. Of this, 60 euros were lost due to capital gains tax on the switch to Kioxia and there was a capital inflow of 1,300 euros. This capital inflow largely flowed outside the algorithm into 1 SanDisk share ($SNDK (+5,15 %)), as SanDisk is now one of the most valuable 100 companies in the world and has shown the most explosive momentum signals in the last 12 months, but is still stuck in the MSCI World Small Cap Index. To my surprise, this will remain the case for the coming quarter, which means that I will retain my "special position" for the time being. So it started at the beginning of May with 6 shares and 23,750 euros. And May flushed almost exactly +21% into the satellite portfolio.

+5,000 euros price gain - 21% up in 30 days 🚀

Who started and who performed how?

• Bloom Energy +3%
• Western Digital +23% 🚀
• Ciena +16%
• Lumentum -5%
• Kioxia +71% 🚀🚀🚀
• SanDisk +36% 🚀🚀

The overall increase is thus very strongly fueled by Western Digital. But Kioxia was the last and thus smallest position size to be added and has overtaken all other stocks with 71%. Ciena has done a stable job and Bloom Energy and Lumentum have stagnated somewhat without harming the portfolio too much. The special position in SanDisk improved the monthly average slightly. So we did everything right.

YTD the momentum performance is at an outstanding +122% TTWROR. 🤯😍

I hope to close above the 30k mark for June.

Here is a general summary of how the portfolio is made up before the stocks for June are published:

It consists of 3 pots:

Pot 1 selects the momentum stock from the MSCI World with the strongest momentum signal.

Pot 2 selects 4 stocks from the top 30% market capitalization (deciles 8 to 10) with the strongest momentum signal.

Pot 3 selects 3 stocks from deciles 7 to 9 with the strongest momentum signal.

It is to be expected that there will be duplications from the various pots. These are not overweighted, but kept simple. This means that there can be between 4 and 8 stocks in the portfolio.

How will the portfolio change in June?

It's nice to see that almost all stocks ended May on a positive note and even nicer to see that there will still be a change. This means that "from below" a stock has achieved stronger momentum than a stock that was held. In my view, this is the strategy's preferred behavior when it comes to switching.

Micron ($MU) (+3,9 %) is back, but Dell ($DELL (+1,73 %)) will also make it into the portfolio, displacing Ciena. According to the score, Western Digital would also be narrowly beaten by Intel ($INTC (+2,7 %)), but due to the 5% holding threshold there is no change. This means that Intel has once again narrowly missed out on the portfolio.

The composition for June follows:

• Kioxia (6,400 euros)
• Western Digital (6,400 euros)
• Bloom Energy (6,400 euros)
• Lumentum (3,650 euros)
• Micron (2,500 euros)
• Dell (2,500 euros)
• SanDisk (1,400 euros) --> not in the investment universe!

Evaluation of the pots:

Pot 1

Kioxia wins by a wide margin ahead of Micron and Ibiden ($4062) (-2,74 %).

Pot 2

Kioxia

Micron

Dell

Western Digital

A hair's breadth ahead of Intel, Seagate ($STX (+3,05 %)) and Murata Manufacturing ($6981 (+0,47 %))

Pot 3

Absolute dominance of

Kioxia

Bloom Energy

Lumentum

ahead of Ciena and, among others, RocketLab ($RKLB (+1,19 %) ).

May the games continue.

Only 35X to the million 🥹

Which ones are you invested in?

+107% Intel $INTC (+2,7 %)

+92% Credo Techn. $CRDO

+91% Astera Labs $ALAB (+3,63 %)

+73% MediaTek $2454

+72% AMD $AMD (+3,08 %)

+72% Seagate $STX (+3,05 %)

+71% SanDisk $SNDK (+5,15 %)

+67% KIOXIA $285A (+7,32 %)

+66% ON Semiconductor $ON (+3,58 %)

+61% STMicroelectronics $STM (+3,73 %)

+55% Marvell $MRVL (+3,83 %)

+51% NXP $NXPI (+4,48 %)

+49% Siltronic $WAF (+1,6 %)

+47% GLOBALFOUNDRIES $GFS (+2,73 %)

+47% SK Hynix $000660

+47% Micron $MU (+3,9 %)

+46% Infineon $IFX (+1,86 %)

+45% Western Digital $WDC (+3,76 %)

+43% Texas Instruments $TXN (+3,36 %)

+42% Arm Holdings $ARM (+2,1 %)

+41% QUALCOMM $QCOM (+1,86 %)

+41% Monolithic Power $MPWR (+4,05 %)

+40% Aixtron $AIXA (+4,81 %)

+40% Microchip Techn. $MCHP (+4,01 %)

+34% Broadcom $AVGO (+1,81 %)

+30% Skyworks $SWKS (+1,65 %)

+25% Samsung Electronics $005930

+24% Analog Devices $ADI (+3,83 %)

+18% TSMC $TSM (+1,28 %)

+16% Lam Research $LRCX (+4,4 %)

+14% KLA $KLAC (+4,89 %)

+13% NVIDIA $NVDA (+1,03 %)

+10% Applied Materials $AMAT (+5,11 %)

+9% ASML $ASML (+2,39 %)

I have AMD. Which one do you have?

April brought an incredible performance. According to the algorithm with Western DIgital ($WDC (+3,76 %)), Lumentum ($LITE (+4,75 %)) , Ciena ($CIEN (+2,47 %)), Teradyne ($TER (+4,11 %)) and Bloom Energy ($BE (+2,58 %)) were launched.

The initial value was around 15,600 euros. And April has flushed +40% into the satellite portfolio pretty much exactly (it dropped a little again after the market close, as it was over 23k at 22:00). This will certainly be one of the best months of my story in a few years' time.

+7,000 euros price gain - 40% up in 30 days.

Who started and who performed how?

• Bloom Energy +101% (wtf!!!)
• Western Digital +50%
• Ciena +35%
• Lumentum +25%
• Teradyne +15%

All 5 stocks are up, which is superlative. My goal was to break the 20k mark this year, which has been more than achieved as of today. I am very curious to see whether the level can be maintained and where the journey will take us at the end of 2026.

I still owe you an answer as to how the portfolio is made up.

A brief summary:

It consists of 3 pots:

Pot 1 selects the momentum stock from the MSCI World with the strongest momentum signal.

Pot 2 selects 4 stocks from the top 30% market capitalization (deciles 8 to 10) with the strongest momentum signal.

Pot 3 selects 3 stocks from deciles 7 to 9 with the strongest momentum signal.

It is to be expected that there will be duplications from the various pots. These are not overweighted, but kept simple. This means that there can be between 4 and 8 stocks in the portfolio. More details will follow soon.

How will the portfolio change in May?

It's nice to see that all stocks ended April on a positive note and even nicer to see that there will still be a change. This means that a stock has achieved stronger momentum "from below" than a stock that was held. In my view, this is the strategy's preferred behavior when switching.

Kioxia ($285A (+7,32 %)) from Japan has displaced Teradyne and at midday today it looked as if Intel could also displace Ciena, but then Ciena clearly won the game again.

So here is the composition for May:

• Bloom Energy (6,200 euros)
• Western Digital (4,900 euros)
• Ciena (4,000 euros)
• Lumentum (3,800 euros)
• Kioxia (3,800 euros)

The portfolio received 250 euros at the start of May (net after tax 190 euros).

Evaluation of the pots:

Pot 1

Kioxia wins by a large margin

Pot 2

Lumentum

Bloom Energy

Western Digital

Ciena

with a clear lead over Intel, Seagate and Micron

Pot 3

Absolute dominance of

Kioxia

Lumentum

Ciena

ahead of Coherent and Teradyne.

What a crazy month. On to 25k :)

Fun fact: if the next 11 months go the same way, the million is within reach 😂😂

$285A (+7,32 %)
$MU (+3,9 %)
$WDC (+3,76 %)
$005930

The amount of data is growing rapidly and so is the demand for NAND memory. Kioxia supplies it.

From Toshiba heir to global memory player

Kioxia is a highly specialized provider of memory technology. The company emerged from Toshiba's former memory division and is now one of the global key players in the NAND flash market.

NAND flash memory is indispensable today because it stores large amounts of data quickly, energy-efficiently, permanently and without mechanical parts in a space-saving manner. This is precisely what makes it the standard solution in smartphones, laptops, data centers and industrial applications.

The business model is clearly structured: Kioxia does not sell end devices, but rather versatile components.

The product portfolio can be divided into two main areas. Firstly, pure memory chips, such as SLC, MLC, TLC or QLC NAND. These differ in terms of how many bits are stored per memory cell, and therefore in terms of cost, speed and service life. SLC stands for high reliability and is used in industrial or automotive applications, for example, where data integrity is crucial.

Secondly, ready-made memory solutions such as SSDs or embedded memory (eMMC, UFS), which are integrated directly into end devices.

The company's own 3D flash architecture BiCS FLASH is particularly relevant in terms of technology. Here, memory cells are stacked vertically, which massively increases capacity and reduces costs at the same time.

This is particularly relevant for data centers.

Oligopoly with AI booster

Furthermore, the NAND flash market is a global oligopoly. The reason for this lies in the extreme barriers to entry. Setting up modern semiconductor production costs tens of billions. At the same time, the development of memory technology requires decades of experience, in-depth process expertise and close integration of research and production. New competitors have virtually no chance of overcoming these hurdles in the short term.

Added to this are economies of scale. Memory chips are a mass business with strong price competition. Those who do not produce in huge volumes have no chance in competition. This leads to a natural concentration on a few global players.

In this environment, Kioxia is part of a small leading group. Its biggest competitor is Samsung Electronics. Followed by SK Hynixwhich has gained significant weight through the acquisition of Intel's NAND business, and Micron Technology. Western Digital also plays an important role and is closely linked to Kioxia through joint production structures.

All of these companies are currently recording significant increases in profits, driven primarily by the enormous demand for AI hardware.

This has paid off

The Börsengang of Kioxia has therefore proved to be a stroke of luck and has paid off for shareholders. But this could be just the beginning of a success story.

Growth momentum has increased significantly in the first nine months of the current financial year (3/2026). Sales increased by 80% to 1,360 billion yen, which led to a 72% increase in profit to 252 million yen.

This corresponds to a turnover of 7.31 billion euros and a profit of 1.35 billion euros.

Kioxia is expected to present its figures for the final quarter on May 15. It is currently expected that profit will increase by 80% to 932 yen per share. Kioxia therefore has a KGV of 32.7.

At first glance, the share does not look like a bargain. However, as already mentioned, the industry is at a crucial point. Demand is outstripping supply, which has led to full capacity utilization in production and rising prices.

At the same time, a massive expansion of production is underway to keep up with demand.

As a result, Kioxia's profit is likely to roughly quadruple in the current financial year. According to consensus estimates, earnings will rise by 397% to JPY 4,600 per share.

Should this happen, the P/E ratio would fall to 6.6

Kioxia share: Chart from 10.04.2026, price: JPY 30,350 - symbol: 285A | source: TWS

The share is therefore currently unstoppable and from a fundamental perspective there is little to prevent the rally from continuing. The biggest Risiko are the typical price cycles in this sector. NAND flash is largely standardized. When supply and demand collapse, prices often fall dramatically.

Source:

https://www.lynxbroker.de/boerse/boerse-kurse/aktien/kioxia-holdings-aktie/kioxia-holdings-analyse/?a=3355991664&utm_medium=email&utm_source=newsletter&utm_campaign=newsletter-boersenblick&newsletter=true&mc-rss-cache-bypass=2026041306&goal=0_d93daae099-48d77cbae3-410756260#kaum-sichtbar-aber-unverzichtbar-nand-speicher

After my first post on humanoid robots received a lot of positive feedback, I went into more detail. I later added my favorites in each sector.

In-depth analysis of the value chain, including shovel manufacturers and potential hidden champions

New category: Secondary Key Sectors (Sales, Marketing, Financing)

Additionally: Top 25 companies worldwide, as well as the Top 10 in Europe and the Top 10 in Asia

To help newcomers get up to speed, I’ve included a video link. This will give you an idea of just how far the development of humanoid robotics has come today.

https://www.stern.de/panorama/wissen/humanoider-roboter---wie-reagiert-er-auf-beleidigungen--35996156.html

Thank you for your attention and support 🙏

🌐 1. Humanoid Robot Value Chain (with hidden champions)

1. Research & Chip Design

$ARM (+2,1 %) ARM (UK) – CPU IP, energy-efficient processors

$SNPS (-2,94 %) Synopsys (US) – EDA software, chip design

$CDNS (-2,86 %) Cadence (US) – EDA & Simulation

$PTC PTC (US) – Engineering software, CAD/PLM

$DSY (-4,33 %) Dassault Systèmes (FR) – 3D design & digital twin

$SIE (+0,36 %) Siemens (DE) – Industrial software & lifecycle management

$ADBE (-5,23 %) Adobe (US) – Design, AR/UX

ANSYS (US) – Multiphysics Simulation – Acquired by Synopsys

Altair (US) – CAE, Simulation, Digital Twin – Acquired by Siemens

$HXGBY (+1,03 %)
Hexagon (SE) – Measurement Technology & Simulation

$AWE Alphawave IP Group (UK) – High-speed chip IP for AI/robotics

1. Synopsis, 2. Siemens, and 3. Adobe are my top three picks in this sector

2. Manufacturing Technology & Equipment

$ASML (+2,39 %) ASML (NL) – Lithography (EUV)

$AMAT (+5,11 %) Applied Materials (US) – Semiconductor Equipment

$8035 (+1,03 %) Tokyo Electron (JP) – Wafer manufacturing

$KEYS (+0,55 %) Keysight Technologies (US) – Measurement Technology

$6857 (+4,71 %) Advantest (JP) – Chip Test Systems

$TER (+4,11 %) Teradyne (US) – Test systems + cobots

$6954 (-1,49 %) Fanuc (JP) – Industrial robots, CNC

$CAT (+1,06 %) Caterpillar (US) – Autonomous Machinery

$KU2G KUKA (DE) – Industrial Robots

Comau (IT) – Automation – Not publicly traded

$ROK Rockwell Automation (US) – Industrial automation

$JBL (+0,65 %) Jabil (US) – Contract Manufacturing (EMS/ODM)

$KIT (+0,92 %) Kitron (NO) – European EMS/ODM manufacturer

$AIXA (+4,81 %) Aixtron (DE) – Deposition systems for compound semiconductors

$LRCX (+4,4 %)
Lam Research (US) – Etching/deposition systems

$MKSI (+1,76 %)
MKS Instruments (US) – Plasma/vacuum technology

$ASM (+3,84 %)
ASM International (NL) – Deposition systems

1. ASML, 2. Keysight Technologies, 3. Fanuc are my top 3 in this sector

3. Chip Manufacturing (Foundries)

$TSM (+1,28 %) TSMC (TW) – leading foundry

$SMSN Samsung Electronics (KR) – foundry + memory

$GFS (+2,73 %) GlobalFoundries (US) – specialty chips

$INTC (+2,7 %)
Intel Foundry Services (US) – new Western foundry player

$981
SMIC (CN) – Largest Chinese foundry

$UMC
UMC (TW) – Power, RF, and embedded chips

1. TSMC, 2. Intel, 3. Samsung Electronics are my top 3 in this sector

4. Computing & control unit (“brain”)

$NVDA (+1,03 %) Nvidia (US) – GPUs, AI chips

$INTC (+2,7 %) Intel (US) – CPUs, FPGAs

$AMD (+3,08 %) AMD (US) – CPUs, GPUs

$MRVL (+3,83 %) Marvell (US) – network chips

$MU (+3,9 %) Micron (US) – Memory

$DELL (+1,73 %) Dell Technologies (US) – Edge & Infrastructure

Graphcore (UK) – AI chips (IPU) – not a publicly traded company

Cerebras (US) – Wafer-Scale Engine – not a publicly traded company

SiPearl (FR) – European HPC chip – not a publicly traded company

1. Nvidia, 2. Marvell, 3. Micron are my top 3 in this sector

5. Sensors (“Senses”)

$6758 (-0,34 %) Sony (JP) – Image sensors

$6861 (-0,13 %) Keyence (JP) – industrial sensors

$STM (+3,73 %) STMicroelectronics (FR/IT) – Sensors, MCUs

$TDY Teledyne (US) – optical/infrared sensors

$CGNX (+0,07 %) Cognex (US) – Machine Vision

$HON (-0,85 %) Honeywell (US) – Sensors, Security

ANYbotics (CH) – Autonomous sensor fusion – not a publicly traded company

$AMBA (+3,16 %) Ambarella (US) – Video & computer vision SoCs for real-time image recognition

$OUST
Velodyne Lidar (US) – Lidar sensors – acquired by Ouster

$AMS (+4,47 %)
OSRAM (AT/DE) – optical sensors

1. Teledyne, 2. Keyence, 3. Ouster are my top 3 in this sector

6. Actuators & Power Electronics (“Muscles”)

$IFX (+1,86 %) Infineon (DE) – Power Electronics

$ON (+3,58 %) onsemi (US) – Power & Sensors

$TXN (+3,36 %) Texas Instruments (US) – mixed-signal chips

$ADI (+3,83 %) Analog Devices (US) – Signal Processing

$PH Parker-Hannifin (US) – Hydraulics/Pneumatics

$MP (+0,11 %) MP Materials (US) – Magnets

$APH (+0,34 %) Amphenol (US) – Connectors

$6481 (-1,77 %) THK (JP) – Linear guides & actuators

$6324 (+2,56 %)
Harmonic Drive (JP) – Precision gearboxes & servo drives for robotics

$6594 (+0,04 %)
Nidec (JP) – Electric motors

$6506 (-8,33 %)
Yaskawa (JP) – Drives & Robotics

$SU (+1,68 %)
Schneider Electric (FR) – Energy & Control Solutions

$ZIL2 (+2,41 %)
ElringKlinger (DE) – Battery & Fuel Cell Technology, Lightweight Construction

1. Parker-Hannifin, 2. MP Materials, 3. Infineon are my top 3 in this sector

7. Communications & Networking (“Nerves”)

$QCOM (+1,86 %) Qualcomm (US) – Mobile Communications, Edge AI

$ANET (+0,9 %) Arista Networks (US) – Networks

$CSCO (+0,33 %) Cisco (US) – Networks, Security

$EQIX (-0,36 %) Equinix (US) – Data centers

NTT Docomo (JP) – 5G/6G carrier – not a publicly traded company

$VZ Verizon (US) – Telecommunications

$SFTBY SoftBank (JP) – Carrier + Robotics

$ERIC B (-9,89 %)
Ericsson (SE) – 5G/IoT infrastructure

$NOKIA (+1,73 %)
Nokia (FI) – 5G/6G for Industry

$HPE (+1,99 %)
Juniper Networks (US) – Networking – Acquired by HP

1. Arista Networks, 2. SoftBank, 3. Cisco are my top 3 in this sector

8. Energy

$3750 (+1,13 %) CATL (CN) – Batteries

$6752 (-6,2 %) Panasonic (JP) – Batteries

$373220 LG Energy (KR) – Batteries

$ALB (+0,34 %) Albemarle (US) – Lithium

$LYC (+1,02 %) Lynas (AU) – Rare Earths

$UMICY (+0,5 %) Umicore (BE) – Recycling

WiTricity (US) – Inductive charging – not a publicly traded company

$ABBN (+2,38 %) Charging (CH) – Charging infrastructure

$SLDP
Solid Power (US) – Solid-state batteries

Northvolt (SE) – European batteries – not a publicly traded company

$PLUG
Plug Power (US) – Fuel cells

$KULR (+0,66 %)
KULR Technology (US) – Thermal management & battery safety for mobile systems

1. Albemarle, 2. CATL, 3. Panasonic are my top 3 in this sector

9. Cloud & Infrastructure

$AMZN (-0,41 %) Amazon AWS (US) – Cloud, AI

$MSFT (-3,22 %) Microsoft Azure (US) – Cloud, AI

$GOOG (-0,88 %) Alphabet Google Cloud (US) – Cloud, ML

$VRT
Vertiv Holdings (US) – Data Center Infrastructure (UPS, Cooling, Edge)

$ORCL (-2,63 %)
Oracle Cloud (US) – ERP + Cloud

$IBM (-22,11 %)
IBM Cloud (US) – Hybrid Cloud + AI

$OVH (-2,61 %)
OVHcloud (FR) – European Cloud

1. Alphabet, 2. Microsoft, 3. Oracle are my top 3 in this sector

10. Software & Data Platforms

$PLTR (-4,83 %) Palantir (US) – Data Integration

$DDOG (-3,43 %) Datadog (US) – Monitoring

$SNOW (-4,57 %) Snowflake (US) – Data cloud

$ORCL (-2,63 %) Oracle (US) – Databases, ERP

$SAP (-5,27 %) SAP (Germany) – ERP systems

$SPGI S&P Global (US) – Financial/Market Data

ROS2 Foundation – Robotics Middleware – Not publicly traded

$NVDA (+1,03 %) NVIDIA Isaac (US) – Robotics development – part of NVIDIA

$INOD (+1,01 %) Innodata (US) – Data annotation & AI training data

$PATH (-5,26 %)
UiPath (RO/US) – Robotic Process Automation

$AI (-2,86 %)
C3.ai (US) – AI platform

$ESTC (-4,95 %)
(NL/US) – Search & Data Analytics

1. S&P Global, 2. Palantir, 3. Datadog are my top 3 in this sector

11. End-user applications / Robots

$ABBN (+2,38 %) ABB (CH/SE) – Industrial robots

$6954 (-1,49 %) Fanuc (JP) – Industrial Robots

$TSLA (+0,35 %) Tesla Optimus (US) – humanoid robot

$9618 (-0,17 %) JD.com (CN) – Logistics robots

$AAPL (-1,02 %) Apple (US) – Platform & UX

$700 (+0,27 %) Tencent (CN) – Platform & AI

$9988 (-0,85 %) Alibaba (CN) – Logistics & Platform

PAL Robotics (ES) – humanoid robots - not a publicly traded company

Neura Robotics (DE) – cognitive humanoid robots - not a publicly traded company

$TER (+4,11 %) Universal Robots (DK) – cobots - part of Teradyne Corporation

Engineered Arts (UK) – humanoid robots – not a publicly traded company

$ISRG (-2,47 %) Intuitive Surgical (US) – surgical robotics

$GMED (-0,26 %)
Globus Medical (US) – surgical robotics (ExcelsiusGPS platform)

$7012 (-0,53 %) Kawasaki Heavy Industries (JP) – industrial robots, automation

$CPNG (-0,4 %) Coupang (KR) – logistics end-users

$IRBT
iRobot (US) – consumer robotics (e.g., Roomba); not humanoid, but features navigation and sensor fusion

Boston Dynamics (US) – humanoid & mobile robots—not a publicly traded company

Hanson Robotics (HK) – humanoid robots (Sophia)—not a publicly traded company

Agility Robotics (US) – “Digit” humanoid robot—not a publicly traded company

1. Apple, 2. Tencent, 3. Alibaba are my top 3 in this sector

🛠 2. Cross-sector enablers (shovel manufacturers) – featuring hidden champions

Raw Materials & Battery Materials

Albemarle · Lynas · Umicore

$SQM
SQM (CL) – Lithium

$ILU (-0,85 %)
Iluka Resources (AU) – Rare Earths

$ARR (-4,85 %)
American Rare Earths (US/AU) – New supply chains

My top pick in the sector is Albemarle

Manufacturing Technology

ASML · Applied Materials · Tokyo Electron

$LRCX (+4,4 %)
Lam Research (US) – Plasma/etching processes

$ASM (+3,84 %)
ASM International (NL) – ALD equipment

$MKSI (+1,76 %)
MKS Instruments (US) – Plasma/vacuum technology

My top pick in the sector is ASML

Quality Assurance

Keysight · Advantest · Teradyne

$EMR (-1,23 %)
National Instruments (US) – Measurement technology – from Emerson Electric Acquired

$300567
ATE Test Systems (CN) – Test systems

$FORM (+3,6 %)
FormFactor (US) – Wafer probing

My number one in the sector is Keysight

Motion & Drive

Parker-Hannifin

Festo (Germany) – Pneumatics, Soft Robotics - not a publicly traded company

Bosch Rexroth (DE) – Drives, Controls - not a publicly traded company

$6481 (-1,77 %)
THK (JP) – Linear guides

My top choice in the sector is Parker-Hannifin

Sensors/Imaging

$TDY Teledyne

$BSL (-0,77 %) Basler (DE) – Industrial cameras

FLIR (US) – Thermal imaging sensors – Acquired by Teledyne

ISRA Vision (DE) – Machine vision – not a publicly traded company

My top pick in the sector is Teledyne

Magnets & Materials

MP Materials

$6501 (+0,97 %)
Hitachi Metals (JP) – Magnetic Materials

VacuumSchmelze (DE) – Magnetic materials – not a publicly traded company

$4063 (+1,44 %)
Shin-Etsu Chemical (JP) – Specialty materials

My top pick in the sector is MP Materials

Chip Design & Simulation

Synopsys · Cadence · ARM

$SIE (+0,36 %)
Siemens EDA (DE/US)– Mentor Graphics—a strategic business unit of Siemens AG

Imagination Tech (UK) – GPU IP – not a publicly traded company

$CEVA (+2,67 %)
CEVA (IL) – Signal processor IP

My top pick in the sector is Synopsys

Engineering & Lifecycle

PTC · Dassault · Siemens

Altair (US) – Simulation – no longer a publicly traded company

$HXGBY (+1,03 %)
Hexagon (SE) – Measurement Technology

$SNPS (-2,94 %)
ANSYS (US) – Simulation – Acquired by Synopsys

My top pick in the sector is Siemens

Networks & Data Centers

Arista · Cisco · Equinix

$HPE (+1,99 %)
Juniper (US) – Networks – Acquisition by HPE

$DTE (-0,09 %)
T-Systems (DE) – Industrial Cloud

$OVH (-2,61 %)
OVHcloud (FR) – European cloud

My top pick in the sector is Arista

Cloud Infrastructure

AWS · Azure · Google Cloud

$ORCL (-2,63 %)
Oracle Cloud (US) – ERP & Databases

$IBM (-22,11 %)
IBM Cloud (US) – Hybrid Cloud

$9988 (-0,85 %)
Alibaba Cloud (CN) – Asian cloud

$VRT
Vertiv Holdings (US) – Cloud/Infrastructure

My top pick in the sector is Alphabet (Google)

Financial/Information Infrastructure

S&P Global

$MCO (-0,8 %)
Moody’s (US) – Ratings

$MSCI (-1,03 %)
MSCI (US) – Indices

$MORN
Morningstar (US) – Investment Research

My top pick in the sector is S&P Global

Creative/Experience Infrastructure

Adobe

$ADSK (-4,96 %)
Autodesk (US) – CAD & Design

$U
Unity (US) – 3D/AR Simulation

Epic Games (US) – Unreal Engine – not a publicly traded company

My top pick in the sector is Adobe

Platform & Ecosystem

Apple · Tencent · Alibaba

$META (-1,71 %)
Meta (US) – AR/VR, Social Robotics

ByteDance (CN) – AI & Platforms – not a publicly traded company

$9888 (-4,35 %)
Baidu (CN) – AI & Cloud

My top pick in the sector is Tencent

Infrastructure/Edge

Dell

$HPE (+1,99 %)
HPE (US) – Edge Computing

$SMCI
Supermicro (US) – AI Servers

$6702 (+1,31 %)
Fujitsu (JP) – Edge & HPC

My top pick in this sector is Dell

Storage Solutions

Micron

$HY9H
SK Hynix (KR) – Memory

$285A (+7,32 %)
Kioxia (JP) – NAND

$WDC (+3,76 %)
Western Digital (US) – Storage solutions

My top pick in the sector is Micron

🏛 3. Secondary Key Sectors with Hidden Champions

Financing & Capital

$GS (+2,99 %) Goldman Sachs (US) – Investment bank; ECM/DCM, M&A, growth financing

$MS Morgan Stanley (US) – Investment bank; tech banking, capital markets

$BLK (-1 %) BlackRock (US) – Asset manager; capital allocation, ETFs/index funds

$9984 (+7,19 %) SoftBank Vision Fund (JP) – Mega-VC; growth equity in robotics/AI

Sequoia Capital (US) – Venture capital; early-stage/growth in AI/robotics – This is a classic venture capital fund

DARPA (US) – government R&D funding (robotics/defense) – independent research and development agency

EU Horizon (EU) – research funding/grants for DeepTech – Innovative Europe pillar

China State Funds (CN) – Government Industry/Technology Funds

Lux Capital (US) – VC for DeepTech - Uptake (US) – AI-based predictive maintenance

DCVC (US) – Focus on robotics and AI – Invests exclusively through VC fund investments

Speedinvest (AT) – EU VC for robotics – Investment is only available through fund participations

My number one in the sector is SoftBank

Maintenance & Service

$SIE (+0,36 %) Siemens (DE) – Industrial Services, Lifecycle & Retrofit

$ABBN (+2,38 %) ABB (CH/SE) – Robotics services, spare parts, field support

$GEHC (-3,2 %) GE Healthcare (US) – Medtech services, including robotic systems

Uptake (US) – AI-based predictive maintenance – not a publicly traded company

Augury (US/IL) – Condition monitoring, condition diagnostics – not a publicly traded company

$KU2 KUKA Service (DE) – Robotics maintenance

$6954 (-1,49 %) Fanuc Service (JP) – Global service network

Boston Dynamics AI Institute (US) – Robotics Longevity – funded by Hyundai Motor Group

My top pick in the sector is Siemens

Marketing & Advertising

$WPP (-4,68 %) WPP (UK) – global advertising group; branding/communications

$OMC Omnicom (US) – marketing/PR network

$PUB (-2,96 %) Publicis (FR) – communications/advertising group

$META (-1,71 %) Meta (US) – digital ads (Facebook/Instagram)

$GOOG (-0,88 %) Google Ads (US) – Search & Display Advertising

TikTok / ByteDance (CN) – Social Ads & Distribution - not a publicly traded company

$AAPL (-1,02 %) Apple (US) – branding/UX; adoption & platform marketing

$WPP (-4,68 %)
AKQA (UK/US) – Tech branding – Since 2012, majority-owned by the WPP Group, but continues to operate as autonomous operating unit

R/GA (US) – Innovation Marketing – not a publicly traded company

Serviceplan (DE) – Largest independent EU agency – not a publicly traded company

My number one in the sector is Meta

Law, Regulation & Ethics

ISO (CH) – international standards, robotics standards

TÜV (DE) – certification & safety testing

UL (US) – safety/conformity testing

EU AI Act (EU) – legal framework for AI & robotics

UNESCO AI Ethics (UN) – global ethical guidelines

Fraunhofer IPA (DE) – Robotics safety standards

ANSI (US) – Standards

IEC (CH) – Electrical Engineering Standards

Education & Talent

MIT (US) – Robotics/AI Research & Education

ETH Zurich (CH) – Autonomous Systems & Robotics

Stanford (US) – AI/Robotics Labs & Spin-offs

Tsinghua University (CN) – Robotics/AI in Asia

CMU (US) – Robotics Institute

EPFL (CH) – Robotics Research

TU Munich (DE) – “Roboy” humanoid robot

🌍 Top 25 Companies in Humanoid Robotics

These companies are crucial to the development and production of humanoid robots, because without them, crucial parts of the chain would be missing:

Chips & computing power (the robots’ brains)

$NVDA (+1,03 %) Nvidia (US) – AI GPUs & Isaac platform, the foundation for robotics AI

$2330 TSMC (TW) – the world’s leading foundry, produces AI chips

$ASML (+2,39 %) ASML (NL) – EUV lithography, indispensable for chip manufacturing

$005930 Samsung Electronics (KR) – memory, logic, foundry

$HY9H SK Hynix (KR) – DRAM & NAND memory for AI

$MU (+3,9 %) Micron (US) – memory solutions for AI workloads

My top pick in the sector is ASML

Sensors & Perception (Robots’ Senses)

$SONY Sony (JP) – Image sensors, market leader

$6861 (-0,13 %) Keyence (JP) – Industrial Sensors & Vision Systems

$CGNX (+0,07 %) Cognex (US) – Machine vision, precise image processing

My top pick in this sector is Keyence

Actuators & Motion (Robot Muscles)

$IFX (+1,86 %) Infineon (DE) – Power Electronics, Motor Control

$6594 (+0,04 %) Nidec (JP) – Global market leader in electric motors

$PH Parker-Hannifin (US) – Hydraulics/Pneumatics, Motion Control

$6481 (-1,77 %) THK (JP) – Linear guides & actuators

My top pick in this sector is Parker-Hannifin

Communications, Cloud & Infrastructure (Nerves & Data Flow)

$QCOM (+1,86 %) Qualcomm (US) – Mobile & edge chips

$AMZN (-0,41 %) Amazon AWS (US) – Cloud & AI infrastructure

$MSFT (-3,22 %) Microsoft Azure (US) – Cloud, AI services

$CSCO (+0,33 %) Cisco (US) – Networks & Security

$VRT Vertiv Holdings (US) – Data Center Infrastructure

My top pick in this sector is Microsoft

End-User Applications & Platforms (Robots Themselves)

$TSLA (+0,35 %) Tesla (US) – humanoid robots Optimus

$ABBN (+2,38 %) ABB (CH/SE) – Robotics & Automation

$6954 (-1,49 %) Fanuc (JP) – industrial robots & CNC systems

$7012 (-0,53 %) Kawasaki Heavy Industries (JP) – industrial robots

PAL Robotics (ES) – humanoid robots (TALOS, ARI, TIAGo) – not a publicly traded company

Neura Robotics (DE) – cognitive humanoid robots – not a publicly traded company

Universal Robots (DK) – cobots

My top pick in the sector is Tesla

🇪🇺 Top 10 European Key Companies in Humanoid Robotics

$ASML (+2,39 %)
ASML (NL)

Global market leader in EUV lithography – without ASML, there would be no modern chips for AI & robotics.

$IFX (+1,86 %) Infineon (DE)

A leader in power electronics and motor control—crucial for the actuators of humanoid robots.

$STM (+3,73 %)
STMicroelectronics (FR/IT)

Sensors, microcontrollers, and power chips—the foundation for control and perception.

$SAP (-5,27 %)
SAP (DE)

ERP & data platforms, essential for integrating humanoid robots into industrial processes.

$SIE (+0,36 %)
Siemens (DE)

Industrial software, automation, Digital Twin—key to engineering and lifecycle management.

$KU2 KUKA (DE)

Robotics pioneer, industrial robots & automation—expertise in humanoid motion mechanics.

PAL Robotics (ES) - not a publicly traded company

Specialist in humanoid robots (TALOS, ARI, TIAGo), used internationally in research and service.

Neura Robotics (DE) - not a publicly traded company

Young high-tech company developing cognitive humanoid robots with advanced AI (4NE-1).

Universal Robots (DK) - not a publicly traded company

Market leader in cobots—a platform for safe human-robot collaboration.

Engineered Arts (UK) - not a publicly traded company

Develops humanoid robots such as Ameca, known for realistic facial expressions and gestures—important for HRI (Human-Robot Interaction)

🌏 Top 10 Key Asian Companies in Humanoid Robotics

$2330
TSMC (Taiwan)

The world’s largest semiconductor foundry, producing high-end chips (e.g., Nvidia, AMD, Apple)—without TSMC, there would be no AI hardware.

$005930
Samsung Electronics (South Korea)

Foundry, memory, logic chips, image sensors—extremely broad portfolio of robotics components.

$HY9H
SK Hynix (South Korea) – Memory

$SONY
Sony (Japan)

Market leader in CMOS image sensors, essential for robotic vision and perception.

$6861 (-0,13 %)
Keyence (Japan)

Sensors and machine vision for industrial automation, widely used in robotics.

$6954 (-1,49 %)
Fanuc (Japan)

Industrial robots and CNC systems; one of the world’s leading manufacturers of robotics hardware.

$6506 (-8,33 %)
Yaskawa Electric (Japan)

Drives, motion control, and robotic arms—relevant for humanoid motion control.

$6594 (+0,04 %)
Nidec (Japan)

Global market leader in electric motors (ranging from mini motors to high-performance drives).

$7012 (-0,53 %)
Kawasaki Heavy Industries (JP) – Industrial robots

$9618 (-0,17 %)
JD.com (China)

A driving force in robotics for e-commerce and logistics; invests in humanoid robotics applications