Apple ($AAPL (+0,28 %) ) is currently driving forward one of the biggest investment offensives in the US economy. Over the next four years, a total of USD 600 billion is to be invested in manufacturing, research and high-tech jobs. Apple is thus extending an earlier commitment of USD 500 billion by a further USD 100 billion.

1. what exactly is planned 🏗️

• Corning (Kentucky): Apple invests USD 2.5 billion. In future, all the glass for iPhones and Apple Watches will be manufactured there. An Apple Corning Innovation Center is also being built. The workforce grows by around 50%.

• Chips and components: Cooperation with TSMC, Broadcom, Amkor, GlobalWafers , Coherent, Texas Instruments and other suppliers. Goal: Establishment of semiconductor and component production in the USA.

• Jobs and research: Around 20,000 new jobs in areas such as silicon engineering, AI and software development.

• American Manufacturing Program (AMP): Apple's official program to increase production of key technologies in the US.

2. why Apple is taking this step 🎯

• Geopolitics: Dependence on China is seen as a weak point. Investments in the USA (and India in parallel) are intended to reduce the risk.

• Political pressure: The announcement was made during a meeting with President Trump. With "Made in USA" investments, Apple can counteract tariffs and regulatory pressure.

• Technology and control: More in-house manufacturing gives Apple direct access to critical components such as glass, chips and rare earths.

3. opportunities for investors 🌐

• Stability: Less dependence on Asia reduces risks from trade conflicts.

• Innovation: Research in the US promotes proximity to top talent and accelerates chip and AI development.

• Political goodwill: With such investments, Apple secures backing in Washington, an advantage in times of increasing regulation.

4. risks ⚠️

• Costs: Production in the USA is more expensive than in Asia. Margins may be squeezed in the short term.

• Implementation time: The USD 600 billion figure includes ongoing projects and new commitments. It remains to be seen whether everything will be implemented on time.

• Political climate: Apple relies heavily on a good relationship with the US government. A change of course in Washington could complicate the strategy.

5. conclusion 👉

Apple is investing USD 600 billion to significantly strengthen US manufacturing. This means higher costs in the short term, but more stability, technological independence and political backing in the long term.

Hello, I am currently considering changing my portfolio and switching to a core-satellite strategy.

My main part should be the $SPPW (+0,6 %) with approx. 45%. After that, dividend stocks will follow: $NOVO B (+2,41 %) with 10%, $O (-2,05 %) with 5%, $MO (-1,05 %) with 5%, $MAIN (-1,78 %) 5% and $PG (-1,12 %) at 10%.

The growth values should consist of $NVDA (+0,78 %) , $AAPL (+0,28 %) , $2330 and $ASML (+1,56 %) with 5% each.

Would you sign this or would you change something?

Table with values for an easier overview:

MSCI World SPDR - 45%

Novo Nordisk - 10%

Realty Income - 5%

Altria - 5%

Main Street Capital - 5%

Procter & Gamble - 10%

Nvidia - 5%

Apple - 5%

TSMC - 5%

ASML - 5%

Changes I have made so far:

Reduce Novo nordisk and procter & gamble to 5% r and add 5% gold and btc each.

When we think of technological giants, we tend to look at an $AAPL (+0,28 %), $NVDA (+0,78 %) o $MSFT (-0,35 %). But behind all of them is a key company, without which none of this would exist: $ASML (+1,56 %)

This Dutch company is the only one in the world capable of manufacturing extreme ultraviolet (EUV) lithography machines, an essential technology for producing the most advanced microchips on the planet.

We are talking about a business with an almost impenetrable moat: each machine costs more than $150 million and can take months to produce. The customers are names we all know: TSMC, Intel or Samsung. Without ASML, artificial intelligence, next-generation smartphones or electric cars simply could not develop at the level we know today.

The fascinating thing about ASML is that it does not compete on price, it competes on innovation. Its margins are sky-high because it offers something that no one else can deliver. Moreover, the demand for chips is only growing: artificial intelligence, 5G, cloud computing, augmented reality... each of these trends needs more transistors, more power and more efficiency.

Investing in ASML is, in a way, investing in the future of digital humanity. It is not a perfect company (high dependence on few customers and geopolitical tensions with China), but it is a strategic and practically irreplaceable piece in the global chain.

📈 In my opinion, ASML is not just another stock: it is the backbone of global technological innovation.

Today I reduced my semi-ETF by 20% to bring the weighting from 15% to 10%.

No single position has a total weighting (ETF+single stock) above 5%, which is also my threshold. I always want to stay below 5% exposure.

My forward P/E of the portfolio has also fallen to 23, which is below my target of <25, despite the high tech allocation.

This means that my tech sector weighting is now in line with my world ETF $QDEV (+0,32 %)which contains around 40-49% tech. I'm happy with that. I'm just still tech-bullish.

I have also reduced the USA region to 63%, almost identical to my world ETF (61%), and thus within my target range of 60-69%.

My favorites in the semi area remain anyway $TSM (+1,48 %) and $HY9H (+4,34 %) which I bought cheaply and undervalued as individual positions.

$NVDA (+0,78 %) is and remains king, but I do not believe that the annual return will remain above 10% in the next few years, for this the market cap would have to grow by 400 billion every year, which I think would be difficult. $AVGO (+0,59 %) currently has a P/E 5x greater than forward P/E, which shows that analysts are extremely bullish on future earnings. I am also bullish, but not as strongly, so the stock has already run very hot.

My top 10 holdings with 32% total weighting are currently:

4.95% $TSM (+1,48 %) Taiwan Semi

4.65% $NVDA (+0,78 %) NVIDIA

4.55% $GOOG (+2,17 %) Google

4.47% $AVGO (+0,59 %) Broadcom

2.85% $MSFT (-0,35 %) Microsoft

2.63% $META (+1,22 %) Meta

2.37% $AAPL (+0,28 %) Apple

2.04% $ASML (+1,56 %) Asml

1.95% $MA (+0,33 %) Mastercard

1.91% $JPM (+0,64 %) JPMorgan

$GOOGL (+2,32 %)
$MSFT (-0,35 %)
$AAPL (+0,28 %)

Perplexity is said to have offered Google 30 billion dollars for Chrome. But in five years' time, nobody will need a browser - AI will become the interface to the internet, controlled by voice.

By Luca Caracciolo

13.08.2025, 15:30

https://t3n.de/news/warum-in-fuenf-jahren-niemand-mehr-browser-nutzen-wird-1702417/

The 94-year-old star investor is investing in new shares, according to data published by the US Securities and Exchange Commission (SEC) on Friday night. The document also reveals the identity of a position that was built up in secret.

Berkshire takes a stake in United Health

For two quarters, Berkshire had secretly built up a position in a share without having to disclose it. The process is not unusual. It typically happens when Berkshire builds up large positions and does not want copycats to drive up the price.

It is the US insurer United Health $UNH (+0,36 %)

After Buffett's entry became known, the share price shot up by over eight percent in the aftermarket. Since the beginning of the year, however, it is still down around 45 percent.

The majority of analysts are confident that United Health will soon overcome its difficulties. According to the financial service LSEG, 19 out of 28 experts currently recommend buying the share. Their average target price of 313.50 dollars is a good 15 percent higher than Thursday's closing price.

Four more buys

At steel producer $NUE (+2,39 %) Nucor, Berkshire held 6.6 million shares worth 857 million dollars as at June 30. At the house building company $DHI (+4,63 %) DR Horton amounted to 191 million dollars, at the outdoor advertising company $US5128152007 Lamar Advertising to 142 million dollars and $ALLE (+1,38 %) Allegion, a manufacturer of locking systems, to 112 million dollars.

All four shares are rather insignificant in Berkshire's portfolio. Together they are only worth 1.3 billion dollars - just 0.5 percent of the total portfolio.

The most important position that was increased, on the other hand, is the oil company $CVX (+0,72 %) Chevron. Berkshire increased its position here for the first time since the fourth quarter of 2023. It grew by just under three percent.

Berkshire also increased its position in $POOL (+3,78 %) Pool, which claims to be the world's leading distributor of swimming pool accessories (up 136 percent), as well as beverage manufacturer $STZ (+0,28 %) Constellation Brands (up eleven percent), the aerospace company $HEI (-0,38 %) Heico (up eleven percent) and the pizza chain $DPZ (-0,01 %) Dominos Pizza (up 0.5 percent).

Berkshire's equity portfolio continues to shrink

Sold 20 million $AAPL (+0,28 %) Apple shares and securities of $BAC (+1,44 %) Bank of America and $DHI (+4,63 %) D.R. Horton, and the company also completely divested itself of $TMUS (-3,05 %) T-Mobile US.

In the second quarter, Berkshire also sold shares in the cable television company $CHTR (+2,52 %) Charter Communications (down 46.5 percent), the healthcare group $DVA (+1,01 %) Davita (down 3.8 percent) and the media company $FWONA (+1,06 %) Liberty Media (2.5 percent).

Buffett also sold shares in Davita in the current quarter. Although Davita is still the tenth largest position in the Berkshire portfolio, it has shrunk by eight percent since March 31. Since the beginning of the year, it has even fallen by almost eleven percent.

Source: Text (excerpt) & graphics: Handelsblatt, 15.08.2025