Hello everyone,

I have cleaned up my portfolio a bit and trimmed it to 30 positions (please ignore the very small positions, it is more expensive to sell them than to keep them). The different ETFs on msci, msci em, dax and NASDAQ are due to historical reasons (sub. Deposits, change from synth. To physical replication, too many taxes with complete change). At the end of the year I will sell the 2 DWS old funds and then have the tax refunded promptly --> grandfathering. I just don't know where to switch to.

I am currently saving:

$TDIV (-0,48 %) 250/m

$IWDA (-1,04 %) 600/m

$IEMA (-1,61 %) 250/m

$EQAC (-1,06 %) 250/m

$ALV (-2,45 %) 50/w

$KO (+0,37 %) 50/w

$PEP (+0,47 %) 50/w

$UNH (-2,18 %) 50/w

$V (-0,53 %) 50/w

$ULVR (+1,16 %) 50/w

And I reinvest the dividends from $O (-0,41 %) and $MAIN (-0,99 %) monthly

I try to have all positions that I want to hold long-term at 2-4 percent (exceptions: ETFs, $EWG2 (+0,93 %) and $BRK.B (-0,71 %) )

At the moment semiconductors ($AMD (-2,01 %)
$PLTR (-2,24 %)
$MU (-3,06 %) and $MPWR (-4,05 %) ) are my "yield positions", which I would like to sell if the price continues to rise.

But at the moment I'm lacking inspiration. What is my portfolio missing in the long term? Which themes could I "play" to achieve short-term returns. Or just leave everything as it is.

I would be grateful for any opinions.

Greetings 👋

$AMD (-2,01 %)

$ORCL (-1,32 %)

Have you noticed what's going on between AMD and Oracle? 👀

Oracle is increasingly relying on AMD Epyc chips for its cloud servers - and that's no coincidence. The components deliver more power with less energy consumption. An absolute game changer for data centers. 💪

While $NVDA (-2,2 %) is currently in the spotlight everywhere, AMD is working quietly and cleverly in the background on deals that carry real weight. Oracle is expanding its cloud offerings with AMD chips, and that's where the exciting leverage lies:

@cloud is growing

@AI needs computing power

@AMD supplies the right hardware

You can really see how AMD is gradually expanding its position in the high-performance sector. And if Oracle continues to scale (which they will), this could become a huge growth driver for AMD in the long term. 📈

Personally, I see a story here that the market has not yet fully priced in.

In my opinion, AMD has a lot of upside potential, especially if AI, cloud and servers continue to explode.

What do you think - is AMD on the verge of the next big wave?

#AMD
#Oracle
#KI
#Cloud
#Investing
#Aktien
#Techstocks

Infineon $IFX (-0,99 %) is the global market leader in power semiconductors, i.e. the chips that are essential for powering data factories. Business is going better than ever before - but this is probably just the beginning. "The demand for power semiconductors for AI data centers is increasing massively," Infineon top manager Richard Kuncic told Handelsblatt.

The high investments are a blessing for Infineon in two respects.

Firstly, the company is benefiting from the sheer number of new server farms. In recent weeks, OpenAI has signed contracts worth billions with Oracle, Nvidia and AMD. "There is huge demand," said founder Sam Altman last week, but "we are so constrained by computing power."

Other companies are also investing unprecedented sums in data centers. Analysts at Jefferies speak of more than 300 major projects in the United States alone. The four largest hyperscalers, i.e. providers of computing power, would spend 90 billion dollars on new facilities every quarter.

Secondly, more and more power semiconductors are required to supply computers with energy. According to Kuncic, a server cabinet today contains such chips worth between 12,000 and 14,000 euros. This covers the energy requirements of 128 graphics processors, so-called GPUs. GPUs are supplied by companies such as NVIDIA $NVDA (-2,2 %) and AMD $AMD (-2,01 %) They are the core of AI computers.

According to Kuncic, engineers will accommodate 576 GPUs in the next generation of server racks. This will increase the value of the power semiconductors to more than 100,000 euros.

But that's not all. Kuncic: "More and more fields of application are emerging for AI. This is also increasing the demand for power semiconductors." Until now, companies such as OpenAI have mainly used the computers to train AI models at great expense. In the future, however, AI will be used much more frequently.

Europe's largest semiconductor manufacturer promised its investors sales of AI power semiconductors of 600 million euros for the past financial year, which ended on September 30. At the beginning of August, CEO Jochen Hanebeck said that this figure is set to rise to one billion euros in the new financial year.

It is possible that the CEO will increase this forecast in mid-November when he presents the latest results and ventures an outlook for the new financial year.

Infineon supplies the entire value chain with its power semiconductors, from the producers of transformers to computer manufacturers such as $DELL (-2,17 %) Dell , $DELTA (+0 %) Delta and $HPE (-1,53 %) HP, to operators such as $AMZN (-0,85 %) Amazon and $GOOGL (-1,49 %) Google.

Together with Nvidia, the world's most valuable corporation, the Munich-based company is developing the next generation of power supply systems for AI data centers. The company made the announcement this spring.

With a market share of just under 18 percent, Infineon is the world's top-selling supplier of power semiconductors. The number two, US competitor Onsemi $ON (-2,13 %)has around nine percent. Infineon is far ahead of its competitors in terms of technology and production, according to Deutsche Bank analyst Johannes Schaller last week.

Source text (excerpt) & graphic: Handelsblatt, 15.10.25

$AMD (-2,01 %)

However, there are 2 resistances to overcome on the way to $230, $218.9x and $222.

If this is not successful and the price bounces off the $222 resistance, for example, a correction to around $206 would be realistic and if this mark does not hold, it could well fall to around $180.

https://www.tradingview.com/x/4ByyrefM/

$AMD (-2,01 %) and $ORCL (-1,32 %) are significantly expanding their partnership and are planning a gigantic AI supercluster with 50,000 AMD Instinct MI450 GPUs from the third quarter of 2026. The project is based on AMD's new "Helios" rack design, combined with the upcoming EPYC processor generation and Pensando network technology. The aim is to create an open, scalable platform for high-performance AI workloads. According to AMD manager Forrest Norrod, open collaboration is at the heart of the strategy to make AI infrastructure more efficient and flexible. The deal follows recent major orders from OpenAI and Microsoft - and underlines AMD's growing importance in the global competition for powerful AI hardware.

$ISRG (-0,67 %)
$PATH (-3,46 %)
$RR

Here is an exciting overview, for me the most attractive in terms of growth/potential of the stocks I know $RR
$PATH (-3,46 %) also $ISRG (-0,67 %) I would perhaps add to the portfolio again in the event of a correction. However, there are some stocks I don't know either.

What do you think are the most exciting stocks on the list, where should we perhaps take a closer look?

$AMZN (-0,85 %)
$MSFT (-0,54 %)
$NVDA (-2,2 %)
$AMD (-2,01 %)
$GOOGL (-1,49 %)
$GOOG (-1,53 %)
$RIO (-1,03 %)
$ALB (-4,09 %)
$INTC (-3,28 %)
$PLTR (-2,24 %)
$IRBT (-3,44 %)
$SYK (-0,59 %)
$MDT (-1,01 %)
$LMT (-1,25 %)
$DPRO (-10,78 %)

My first 100-bagger: AMD 💎💰

I was asked to write a few more lines about AMD.

I was a gamer at the time and was familiar with the products and knew that AMD only needed a good processor architecture to be a runt in the duopoly with Intel. That didn't come with Bulldozer, but later with Zen. I wasn't immediately in the black, but about five years (2011-2016) in the red. I never sold, but bought three more times because I believed in the potential. Now the products are better than Intel's and are also used in gaming consoles, data centers and for AI. AMD was my very first stock in February 2011.

I had bought AMD in

2011: 6,63€

2012: 1,70€

2014: 1,93€

2015: 1,97€

Current share price: €184

All-time high this week: € 202

I still hold 1,000 of my total of 2,500 AMD shares, which now have a total value of almost €200,000. I continue to hold.

Haters will say it was just luck. But they would have sold the stock long before it became a 10-bagger. "No one has ever died from taking profits", says every beginner who sells their winners out of fear. But not selling shares is an active decision. Buying and holding even with +50%, +100% or +500% gains are also your own decisions. Many times people asked me to finally sell. But none of these people had ever had a Tenbagger. And if they don't let profits run, they will never have one. When AMD was up 2,000% at some point, nobody wanted to give me any more clever tips.

I had been constantly watching videos from YouTubers who had leaks from the industry. So I knew a lot about promising future AMD products. That gave me the confidence to hold on. The YouTube channels worth mentioning here are

"Moore's Law is dead"

https://www.youtube.com/@MooresLawIsDead

and "Coreteks".

https://www.youtube.com/@Coreteks

I would not recommend holding every crashed or very successful share unconditionally forever. I only do that if I see further potential in the future. With Aurora Cannabis, for example, it was different in March 2019. I no longer saw any potential there and sold at +417% / +11,000 euros. This decision was also the right one, because otherwise I would have lost all my profits later and would still be in the red today.

At the moment I am even invested in AMD with a warrant alongside the share. This had quintupled in three months. What will be your next 100-bagger?

$AMD (-2,01 %)
$NVDA (-2,2 %)
#100bagger
#10bagger
#tenbagger

$IREN (-4,64 %)

The tariff on Chinese imports has no material impact on the core business of $IREN (-4,64 %)

$IREN (-4,64 %) operates data centers in the US and Canada, uses domestically sourced GPUs (from Nvidia/AMD) and sells computing services directly to US companies.

Take profits if you want, stay true to your strategy, but don't make emotional decisions.

You must be able to sleep well with your investment or weight it in your portfolio in such a way that it lets you sleep well.

2026 will also be a very exciting year for Irish as significant capacities are being expanded and added.

$IREN (-4,64 %) methodical strategy - building a low-cost, high-density infrastructure initially through bitcoin mining and then expanding into AI computing - positions $IREN (-4,64 %) as a more resilient, vertically integrated player. Its strong asset base, low operating costs and limited reliance on external funding lend $IREN (-4,64 %) a structurally more profitable, lower risk business model compared to the highly leveraged, asset-light models of many newer cloud providers.

In general, Bitcoin mining typically requires much lower capital expenditure (capex) than AI or HPC data centers. However, Iren's existing data centers (e.g. over 150 MW in Canada) are configured for both Bitcoin mining and high-density AI workloads, with rack densities of around 80 kW. Despite this, Iren achieved construction costs of around $650,000 per megawatt, well below the $6-15 million per megawatt typical of specialized AI facilities. Iren's designs are not only extremely fast to build, but also easy to retrofit (e.g. rack density should be scalable to 300 kW and beyond), giving Iren a significant advantage in terms of flexibility and time to market (e.g. in relation to the B200s).

This efficient, infrastructure-oriented approach has $IREN (-4,64 %) enabled it to grow without taking on significant debt. In contrast, most of Neocloud's competitors, such as $CRWV (-3,54 %) have financed their rapid expansion by eliminating large amounts of debt. Unlike Irish, most neoclouds typically own little land or physical infrastructure, which can hinder future growth.

$CIFR (-7,06 %)
$CRWV (-3,54 %)
$BTBT
$BITF (-5,78 %)
$BTC (-3,28 %)
$NVDA (-2,2 %)
$AMD (-2,01 %)