Hello dear Getquin Community,

After $ORCL (+1,19 %) Oracle caused quite a stir after the last quarterly figures and the market reacted extremely positively with a 40 percent increase in the share price, so much so that CEO Larry Ellison briefly became the richest person in the world overnight, I wanted to unravel the magic and find out exactly which division caused this tremor.

The answer is Cloud Infrastructure, or OCI for short. In this area, the demand for data centers for artificial intelligence has exploded, which has brought Oracle long-term orders worth 455 billion US dollars. However, it is not only Oracle that is benefiting, but also other hyperscalers, regional challengers and, above all, the so-called shovel manufacturers that provide the basic infrastructure.

I have taken the trouble to look for potential competitors and up-and-coming challengers so that you have a complete overview of this sector. I have divided the whole thing into the following segments: 🌍 Big players (hyperscalers), 💡 Hidden champions (selection by region), ⚒️ Shovel manufacturers (infrastructure suppliers) and, as always, my favorite.

If I have overlooked any important aspects or a classification was not entirely precise, I look forward to your comments and exciting additions. Together we can understand this topic even better and learn from each other.

Feel free to leave a 👍. I wish you every success with your investments 🚀

🌍 Big Player (Hyperscaler)

Amazon Web Services - $AMZN (+0,82 %) (USA, Nasdaq) → World market leader with >30 % market share, huge data centers & own AI chips (Trainium, Inferentia)

Microsoft Azure - $MSFT (-0,42 %) (USA, Nasdaq) → second largest provider, strong AI focus through OpenAI partnership

Google Cloud - $GOOGL (+0,84 %) (USA, Nasdaq) → third largest provider, specialized in AI workloads & big data

Oracle Cloud Infrastructure (OCI) - $ORCL (+1,19 %) (USA, NYSE) → Number 4 worldwide, currently fastest growth (+70-80 %), RPO USD 455 bn

Alibaba Cloud - $BABA (+3,59 %) , $9988 (+4,29 %) (China, NYSE/HKEX) → Market leader in Asia, complete cloud suite from IaaS to AI

Favorite: Oracle - $ORCL (+1,19 %)

Oracle impresses with its cloud infrastructure OCI, which recently collected orders worth 455 billion US dollars. The moat lies in the close integration of the database business and cloud services as well as the multi-cloud partnerships with Microsoft and Google. The compounder property is the result of long-term contracts and economies of scale in data center construction.

Alternative favorite: Alibaba Cloud - $BABA (+3,59 %) , $9988 (+4,29 %)

Alibaba is number one in Asia and number four worldwide. The moat lies in the close integration with Alibaba's e-commerce and fintech ecosystem. The compounder property stems from the enormous growth in emerging markets and the increasing demand for cloud services in China. While the stock is valued significantly cheaper than Oracle, there are geopolitical and regulatory risks.

💡 Hidden champions (selection by region)

🇪🇺 Europe

OVHcloud - $OVH (-2,32 %) PA (France) → largest European cloud provider, GDPR- and Gaia-X-focused

Scaleway - private (France, part of the Iliad Group) → Developer and AI cloud platform

T-Systems - part of $DTE (+0,03 %) DE (Deutsche Telekom, Germany) → Hybrid & Sovereign Cloud for Public Sector

IONOS - $IOS (-5,33 %) DE (Germany, Xetra)

Largest European web hosting and SME cloud provider. Burggraben: strong brand and high customer loyalty in the SME sector.

Aruba Cloud - private (Italy) → regionally strong in SMEs & hosting

Outscale - private (France, subsidiary of Dassault $DSY.PA) → Industrial Cloud & Simulation

Favorite: OVHcloud - $OVH (-2,32 %)

Burggraben: strong position as a GDPR-compliant sovereign cloud with Gaia-X. Compounder: increasing trust from authorities and companies ensures growing recurring revenues.

🇨🇳 China

Baidu AI Cloud - part of $BIDU (+2,22 %) , $9888 (+2,47 %) (Nasdaq, China/USA) → AI workloads, autonomous driving, language models

JD Cloud - part of $JD (-0,65 %) , $9618 (-0,02 %) (Nasdaq, China/USA) → Cloud for e-commerce & retail

Kingsoft Cloud - $KC (+3,89 %) , $3896 (-1,67 %) (Nasdaq, China/USA) → Gaming, streaming and app cloud

China Telecom Cloud - part of $728 HK (HKEX) → Infrastructure cloud, state-supported

China Mobile Cloud - part of $941 HK (HKEX) → 5G edge cloud with telecom backbone

Favorite: Kingsoft Cloud - $KC (+3,89 %) , $3896 (-1,67 %)

Moat: Specializing in gaming, streaming and mobile apps with deep integrations into ecosystems. Compounder: benefits from China's growing online consumption and strong embedding in the Tencent environment.

🇯🇵 Japan

NTT Communications - part of $9432 (-3,64 %) T (Tokyo) → Enterprise cloud with global network

NEC Cloud - $6701 (-3,37 %) T (Tokyo) → Government & security solutions

Fujitsu Cloud K5 - $6702 (-1 %) T (Tokyo) → Hybrid cloud for large companies

Rakuten Symphony Cloud - part of $4755 (-4,98 %) T (Tokyo) → 5G & telecom cloud

IIJ Cloud - $3774 (-1,01 %) T (Tokyo) → Cloud pioneer for enterprise IT

Favorite: NTT - $9432 (-3,64 %)

Moat: global telecom backbone and huge enterprise customer base. Compounder: expansion of data centers in Asia and Europe with stable recurring revenues.

🇮🇳 India

Reliance Jio Cloud - part of $RELIANCE NS (NSE India) → Telecom Cloud, partnership with Azure

Tata Communications IZO - $TATACOMM NS (NSE India) → Hybrid cloud & global backbone

Infosys Cobalt - $INFY (NYSE/NSE India) → Cloud migration platform & consulting

HCLTech Cloud - $HCLTECH NS (NSE India) → AI-powered hybrid cloud

Wipro Cloud Studio - $WIPRO NS (NSE India) → MultiCloud service provider

Favorite: Tata Communications - $TATACOMM

Moat: global fiber optic network and deep networking in hybrid cloud. Compounder: growing international expansion and increasing demand for multi-cloud solutions.

🌏 Asia / Oceania

Naver Cloud - part of $035420 KQ (Korea KOSDAQ) → AI & gaming cloud

Samsung SDS Cloud - $018260 , $SMSN (+1,31 %) KQ (Korea KOSDAQ) → Enterprise & IoT Cloud

KT Cloud - part of $030200 KQ (Korea KOSDAQ) → Telecom & Edge Cloud with 5G

Telstra Cloud - $TLS (+0,02 %) AX (Australia) → Telecom Cloud, Asia-Pacific focus

Macquarie Telecom Cloud - $MAQ AX (Australia) → Public Sector & Compliance

Favorite: Naver Cloud - $035420

Moat: strong integration of AI and gaming in Korea. Compounder: rapid scaling due to growing demand for AI and ML applications.

🌍 Latin America

UOL Diveo (Compasso UOL) - private (Brazil) → Cloud + Managed Services

Tivit Cloud - private (Brazil) → MultiCloud for industry & banks

Locaweb Cloud - $LWSA3 SA (Brazil) → SME Hosting & Cloud

Claro Cloud - part of $AMX (+2,27 %) (Mexico, NYSE/HKEX) → Telecom Cloud in Latin America

DesireCloud - private (Chile/Peru) → Local provider for companies

Favorite: Locaweb - $LWSA3

moat: Market leader for SME cloud and hosting in Brazil. Compounder: enormous scalability through the digitalization of small and medium-sized enterprises throughout Latin America.

🇨🇦 Canada

OVHcloud Canada - part of $OVH (-2,32 %) PA (France) → Data centers for North America

SherWeb - private (Quebec) → Cloud and MSP services for SMEs

HostPapa - private (Canada) → SME cloud solutions

Canadian Web Hosting - private (Canada) → Cloud & hosting with a focus on data protection

Beanfield Cloud - private (Toronto) → Cloud combined with fiber optic infrastructure

Favorite: SherWeb - private

Moat: close ties to SMEs via managed services. Compounder: fast-growing cloud ecosystem for small businesses in North America, high customer loyalty.

⚒️ Blade manufacturers (infrastructure suppliers)

🖥️ Semiconductors & Chips

Nvidia - $NVDA (+1,1 %) (USA, Nasdaq) → GPUs for AI training & cloud

AMD - $AMD (+4,85 %) (USA, Nasdaq) → CPUs/GPUs for Data Center

Intel - $INTC (+3,4 %) (USA, Nasdaq) → Server CPUs & AI accelerators (Gaudi)

TSMC - $TSM (-0,1 %) (Taiwan, NYSE/TWSE) → largest chip manufacturer, produces for NVIDIA/AMD

Samsung Electronics - $SMSN (+1,31 %) KQ (Korea) → Memory, foundry, GPUs/CPUs

Favorite: Nvidia - $NVDA (+1,1 %)

Moat: near monopoly in high-end GPUs for AI. Compounder: Ecosystem and network effects through CUDA and developer community.

📦 Data center hardware & servers

Supermicro - $SMCI (+0,97 %) (USA, Nasdaq) → GPU clusters & AI servers

Dell Technologies - $DELL (-1,75 %) (USA, NYSE) → Enterprise Servers & Storage

Hewlett Packard Enterprise - $HPE (-1,28 %) (USA, NYSE) → Hybrid Cloud & Edge

Inspur - private (China) → AI & Cloud Server

Lenovo - $LNVGY (+1,18 %) (China/ADR) → HPC and AI servers

Favorite: Supermicro - $SMCI (+0,97 %)

Moat: Specialization in GPU clusters and AI servers. Compounder: benefits from every expansion of the hyperscalers, extremely high scalability.

⚡ Memory & network chips

Micron - $MU (+1,19 %) (USA, Nasdaq) → DRAM & HBM memory

SK Hynix - $HY9H (+10,18 %) KQ (Korea) → Memory chips, HBM for NVIDIA

Broadcom - $AVGO (+2,08 %) (USA, Nasdaq) → Network Chips & Switches

Marvell - $MRVL (+3,1 %) (USA, Nasdaq) → Network & 5G chips

ASE Technology - $ASX (+0,26 %) (Taiwan, NYSE) → Packaging for high-end chips

Favorite: Broadcom - $AVGO (+2,08 %)

Moat: deep roots in network infrastructure of hyperscalers. Compounder: benefits from rising demand for switches and custom chips for the cloud.

🏭 Data centers / colocation

Equinix - $EQIX (-0,73 %) (USA, Nasdaq) → largest colocation provider worldwide

Digital Realty - $DLR (+0,35 %) (USA, NYSE) → Data centers worldwide, strong in Europe/USA

China Telecom DC - part of $728 HK (HKEX) → Data center infrastructure in China

NTT Data Centers - part of $9432 (-3,64 %) T (Tokyo) → Data centers in Asia/Europe

NEXTDC - $NXT (-0,53 %) AX (Australia) → Growing data centers in the APAC region

Favorite: Equinix - $EQIX (-0,73 %)

Moat: global networking and extremely high switching costs for customers. Compounder: continuous expansion and cross-selling potential through platform structure.

🔋 Energy & cooling

Schneider Electric - $SU (+1,96 %) PA (France, Euronext) → Power & Cooling for Data Center

ABB - $ABBN (+0,97 %) (Switzerland, SIX/NYSE ADR) → Energy & Automation

Siemens Energy - $ENR (+3,84 %) (Germany, Xetra) → Power Grids & Data Center Technology

Vertiv - $VRT (-0,28 %) (USA, NYSE) → Cooling, Racks & UPSs

Eaton - $ETN (+0,81 %) (Ireland/USA, NYSE) → Power Management

Favorite: Schneider Electric - $SU (+1,96 %)

Burggraben: market-leading energy and cooling systems for data centers. Compounder: long-term growth due to increasing demand for efficient data centers.

🌐 Network & Connectivity

Cisco - $CSCO (-0,48 %) (USA, Nasdaq) → Router & Network Hardware

Arista Networks - $ANET (-2,97 %) (USA, NYSE) → High-speed switches for hyperscalers

Juniper Networks - Acquisition by $HPE (-1,28 %) Hewlett Packard HP (USA, NYSE) → Routing & Network Security

Ciena - $CIEN (+0,93 %) (USA, NYSE) → Fiber Optics & Optical Networks

Nokia - $NOK (+1,22 %) (Finland, NYSE/Helsinki) → 5G & Core Networks

Favorite: Arista Networks - $ANET (-2,97 %)

Moat: technological leadership in high-speed switches in hyperscaler data centers. Compounder: enormous growth opportunities due to exponential data traffic in AI workloads.

✨ Takeaway

The Oracle quake shows: Cloud & AI are the growth drivers of the coming years. While hyperscalers are in the spotlight, hidden champions are growing in their niches in the background and blade manufacturers are making money from every expansion of the infrastructure.

👉 Question for you: Do you prefer to focus on hyperscalers in your strategy? hyperscalersthe hidden champions or directly on the shovel manufacturers?

I look forward to your opinions!

Source: own analysis

Image - Image credit: Getty Images

Last night $HPE (-1,28 %) announced results an EPS of 0.44 vs. 0.43 expected, broadly more or less in line with analyst estimates with some more positive data, not too bad 👌.

However I don't regret the partial sale I made, had it gone bad the profitability would have gone up in smoke, it's good to take profits after all it's not a company I plan to hold very long term as for example it is $BFIT (+0,12 %) in my portfolio

The part that I left is already hovering around 45% profitability, an excessively cheap purchase at the time, which still has the potential to improve in the short term by 10-20%.

We will see if the market pulls a little when rates fall, and if it joins with a stronger dollar at 1.10 for example, we would be around 60-70% profitability having been at all times below a PER ratio of 25, what a jewel 💎

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

Extended analysis of the value chain including shovel manufacturers and potential hidden champions

New categorySecondary key sectors (sales, marketing, financing)

In additionTop 25 companies worldwide, as well as Top 10 Europe and Top 10 Asia

I have also added a video link for beginners. This will give you an idea of how far the development of humanoid robotics has already progressed.

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

Thank you for your attention and your support 🙏

🌐 1. value chain of humanoid robots (with hidden champions)

1. research & chip design

$ARM (+3,19 %) ARM (UK) - CPU-IP, energy-efficient processors

$SNPS (-3,3 %) Synopsys (US) - EDA software, chip design

$CDNS (-1,29 %) Cadence (US) - EDA & Simulation

$PTC PTC (US) - Engineering Software, CAD/PLM

$DSY (+3,48 %) Dassault Systèmes (FR) - 3D Design & Digital Twin

$SIE (+3,02 %) Siemens (DE) - Industrial Software & Lifecycle Mgmt

$ADBE (+2,54 %) Adobe (US) - Design, AR/UX

ANSYS (US) - multiphysical simulation - acquisition by Synopsis

Altair (US) - CAE, simulation, digital twin - acquisition by Siemens

$HXGBY (+0,48 %)
Hexagon (SE) - Metrology & Simulation

$AWE (+0,11 %) Alphawave IP Group (UK) - High-speed chip IP for AI/robotics

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

2. manufacturing technology & equipment

$ASML (+3,22 %) ASML (NL) - Lithography (EUV)

$AMAT (-1,22 %) Applied Materials (US) - Semiconductor equipment

$8035 (+2,32 %) Tokyo Electron (JP) - wafer fabrication

$KEYS (+1,31 %) Keysight Technologies (US) - Metrology

$6857 (+1,22 %) Advantest (JP) - Chip test systems

$TER (+2,39 %) Teradyne (US) - test systems + cobots

$6954 (+0,77 %) Fanuc (JP) - Industrial robots, CNC

$CAT (+1,64 %) Caterpillar (US) - autonomous machines

$KU2G KUKA (DE) - industrial robots

Comau (IT) - automation - not listed on the stock exchange

$ROK Rockwell Automation (US) - industrial automation

$JBL (+1,08 %) Jabil (US) - contract manufacturing (EMS/ODM)

$KIT (+1,09 %) Kitron (NO) - European EMS/ODM manufacturer

$AIXA (+2,32 %) Aixtron (DE) - deposition equipment for compound semiconductors

$LRCX (+0,76 %)
Lam Research (US) - Etch/deposition systems

$MKSI (+4,13 %)
MKS Instruments (US) - Plasma/vacuum technology

$ASM (+5,29 %)
ASM International (NL) - Deposition systems

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

3. chip manufacturing (foundries)

$TSM (-0,1 %) TSMC (TW) - leading foundry

$005930 Samsung Electronics (KR) - foundry + memory

$GFS (+2,33 %) GlobalFoundries (US) - specialty chips

$INTC (+3,4 %)
Intel Foundry Services (US) - new western foundry player

$981
SMIC (CN) - largest Chinese foundry

$UMC
UMC (TW) - Power/RF/Embedded chips

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

4. computing & control unit ("brain")

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

$INTC (+3,4 %) Intel (US) - CPUs, FPGAs

$AMD (+4,85 %) AMD (US) - CPUs, GPUs

$MRVL (+3,1 %) Marvell (US) - network chips

$MU (+1,19 %) Micron (US) - Memory

$DELL (-1,75 %) Dell Technologies (US) - Edge & Infrastructure

Graphcore (UK) - AI chips (IPU) - not a listed company

Cerebras (US) - Wafer-scale engine - not a listed company

SiPearl (FR) - European HPC chip - not a listed company

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

5. sensors ("senses")

$6758 (-1,8 %) Sony (JP) - image sensors

$6861 (+0,21 %) Keyence (JP) - Industrial sensors

$STM (+2,9 %) STMicroelectronics (FR/IT) - Sensors, MCUs

$TDY Teledyne (US) - optical/infrared sensors

$CGNX (-0,28 %) Cognex (US) - Machine Vision

$HON (+0,15 %) Honeywell (US) - sensor technology, security

ANYbotics (CH) - autonomous sensor fusion - not a listed company

$AMBA (+1,34 %) Ambarella (US) - video & computer vision SoCs for real-time image recognition

$OUST
Velodyne Lidar (US) - Lidar sensors - acquisition by Ouster

$AMS (+2,36 %)
-OSRAM (AT/DE) - optical sensors

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

6. actuators & power electronics ("muscles")

$IFX (+2,3 %) Infineon (DE) - Power Electronics

$ON (+0,51 %) onsemi (US) - Power & Sensors

$TXN (+0,94 %) Texas Instruments (US) - Mixed-Signal Chips

$ADI (-0,1 %) Analog Devices (US) - Signal Processing

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

$MP (+4,86 %) MP Materials (US) - Magnets

$APH (+0,09 %) Amphenol (US) - Connectors

$6481 (-0,43 %) THK (JP) - Linear guides & actuators

$6324 (+0,33 %)
Harmonic Drive (JP) - Precision gears & servo drives for robotics

$6594 (+0,64 %)
Nidec (JP) - Electric motors

$6506 (+0,68 %)
Yaskawa (JP) - Drives & Robotics

$SU (+1,96 %)
Schneider Electric (FR) - Energy & control solutions

$ZIL2 (-2,75 %)
ElringKlinger (DE) - Battery & fuel cell technology, lightweight construction

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

7. communication & networking ("nerves")

$QCOM (+2,38 %) Qualcomm (US) - mobile communications, edge AI

$ANET (-2,97 %) Arista Networks (US) - Networks

$CSCO (-0,48 %) Cisco (US) - Networks, Security

$EQIX (-0,73 %) Equinix (US) - Data centers

NTT Docomo (JP) - 5G/6G carrier - not a listed company

$VZ Verizon (US) - Telecommunications

$SFTBY SoftBank (JP) - Carrier + Robotics

$ERIC B (+0,2 %)
Ericsson (SE) - 5G/IoT infrastructure

$NOKIA (+0,05 %)
Nokia (FI) - 5G/6G for industry

$HPE (-1,28 %)
Juniper Networks (US) - Network technology - acquisition by HP

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

8. energy supply

$3750 (+4,33 %) CATL (CN) - Batteries

$6752 (-0,43 %) Panasonic (JP) - Batteries

$373220 LG Energy (KR) - Batteries

$ALB (+3,94 %) Albemarle (US) - Lithium

$LYC (+2,84 %) Lynas (AU) - Rare earths

$UMICY (+2,2 %) Umicore (BE) - Recycling

WiTricity (US) - inductive charging - not a listed company

$ABBN (+0,97 %) Charging (CH) - charging infrastructure

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

Northvolt (SE) - European batteries - not a listed company

$PLUG
Plug Power (US) - fuel cells

$KULR (+9,7 %)
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 (+0,82 %) Amazon AWS (US) - Cloud, AI

$MSFT (-0,42 %) Microsoft Azure (US) - Cloud, AI

$GOOG (+0,74 %) Alphabet Google Cloud (US) - Cloud, ML

$VRT (-0,28 %)
Vertiv Holdings (US) - Data center infrastructure (UPS, cooling, edge)

$ORCL (+1,19 %)
Oracle Cloud (US) - ERP + Cloud

$IBM (+1,56 %)
IBM Cloud (US) - Hybrid cloud + AI

$OVH (-2,32 %)
OVHcloud (FR) - European cloud

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

10. software & data platforms

$PLTR (+1,28 %) Palantir (US) - Data integration

$DDOG (+0,46 %) Datadog (US) - Monitoring

$SNOW (+5,21 %) Snowflake (US) - Data Cloud

$ORCL (+1,19 %) Oracle (US) - Databases, ERP

$SAP (+1,22 %) SAP (DE) - ERP systems

$SPGI S&P Global (US) - financial/market data

ROS2 Foundation - robotics middleware - not listed on the stock exchange

$NVDA (+1,1 %) NVIDIA Isaac (US) - robotics development - part of Nvidia

$INOD (+6,48 %) Innodata (US) - data annotation & AI training data

$PATH (-1,71 %)
UiPath (RO/US) - Robotic process automation

$AI (+4,64 %)
C3.ai (US) - AI platform

$ESTC (+2,43 %)
(NL/US) - Search & data analysis

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

11. end applications / robots

$ABBN (+0,97 %) ABB (CH/SE) - Industrial Robots

$6954 (+0,77 %) Fanuc (JP) - Industrial robots

$TSLA (-4,55 %) Tesla Optimus (US) - humanoid robot

$9618 (-0,02 %) JD.com (CN) - logistics robot

$AAPL (+0,98 %) Apple (US) - Platform & UX

$700 (+0,57 %) Tencent (CN) - Platform & AI

$9988 (+4,29 %) Alibaba (CN) - logistics & platform

PAL Robotics (ES) - humanoid robots - not a listed company

Neura Robotics (DE) - cognitive humanoid robots - not a listed company

$TER (+2,39 %) Universal Robots (DK) - cobots - belongs to the Teradyne Corporation

Engineered Arts (UK) - humanoid robots - not a listed company

$ISRG (+1,93 %) Intuitive Surgical (US) - surgical robotics

$GMED (-0,7 %)
Globus Medical (US) - surgical robotics (ExcelsiusGPS platform)

$7012 (-0,88 %) Kawasaki Heavy Industries (JP) - industrial robots, automation

$CPNG (+0,39 %) Coupang (KR) - Logistics end user

$IRBT (+7,55 %)
iRobot (US) - consumer robotics (e.g. Roomba), non-humanoid, but navigation/sensor fusion

Boston Dynamics (US) - humanoid & mobile robots-no listed company

Hanson Robotics (HK) - humanoid robots (Sophia) - not a listed company

Agility Robotics (US) - humanoid robot "Digit" - not a listed company

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

🛠 2. cross enablers (shovel manufacturers) - with hidden champions

Raw materials & battery materials

Albemarle - Lynas - Umicore

$SQM
SQM (CL) - Lithium

$ILU (+5,53 %)
Iluka Resources (AU) - Rare earths

$ARR (-0,21 %)
American Rare Earths (US/AU) - New supply chains

my number 1 in the sector is Albemarle

manufacturing technology

ASML - Applied Materials - Tokyo Electron

$LRCX (+0,76 %)
Lam Research (US) - Plasma/etching processes

$ASM (+5,29 %)
ASM International (NL) - ALD equipment

$MKSI (+4,13 %)
MKS Instruments (US) - Plasma/vacuum technology

my number 1 in the sector is ASML

Quality assurance

Keysight - Advantest - Teradyne

$EMR (+1,51 %)
National Instruments (US) - Measurement technology - from Emerson Electric adopted

$300567
ATE Test Systems (CN) - test systems

$FORM (+1,82 %)
FormFactor (US) - Wafer probing

my number 1 in the sector is Keysight

Motion & Drive

Parker-Hannifin

Festo (DE) - Pneumatics, Soft Robotics - not a listed company

Bosch Rexroth (DE) - Drives, Controls - not a listed company

$6481 (-0,43 %)
THK (JP) - Linear guides

my number 1 in the sector is Parker-Hannifin

Sensors/Imaging

$TDY Teledyne

$BSL (+5,06 %) Basler (DE) - Industrial cameras

FLIR (US) - Thermal imaging sensors - acquisition by Teledyne

ISRA Vision (DE) - Machine Vision - not a listed company

my number 1 in the sector is Teledyne

Magnets & Materials

MP Materials

$6501 (+5,16 %)
Hitachi Metals (JP) - Magnetic materials

VacuumSchmelze (DE) - Magnetic materials - not a listed company

$4063 (+1,47 %)
Shin-Etsu Chemical (JP) - Specialty materials

my number 1 in the sector is MP Materials

Chip Design & Simulation

Synopsys - Cadence - ARM

$SIE (+3,02 %)
Siemens EDA (DE/US)-Mentor Graphics-strategic business unit of Siemens AG

Imagination Tech (UK) - GPU-IP - not a listed company

$CEVA (+2,56 %)
CEVA (IL) - Signal Processor IP

my number 1 in the sector is Synopsys

Engineering & Lifecycle

PTC - Dassault - Siemens

Altair (US) - Simulation - no longer a listed company

$HXGBY (+0,48 %)
Hexagon (SE) - Metrology

$SNPS (-3,3 %)
ANSYS (US) - Simulation - takeover by Synopsys

my number 1 in the sector is Siemens

Networks & Data Centers

Arista - Cisco - Equinix

$HPE (-1,28 %)
Juniper (US) - Networks - Acquisition of HPE

$DTE (+0,03 %)
T-Systems (DE) - Industry cloud

$OVH (-2,32 %)
OVHcloud (FR) - European cloud

my number 1 in the sector is Arista

Cloud infrastructure

AWS - Azure - Google Cloud

$ORCL (+1,19 %)
Oracle Cloud (US) - ERP & databases

$IBM (+1,56 %)
IBM Cloud (US) - Hybrid Cloud

$9988 (+4,29 %)
Alibaba Cloud (CN) - Asian Cloud

$VRT (-0,28 %)
Vertiv Holdings (US) - Cloud/Infra

my number 1 in the sector is Alphabet (Google)

finance/information infra

S&P Global

$MCO (+0,61 %)
Moody's (US) - Ratings

$MSCI (+1,6 %)
MSCI (US) - Indices

$MORN
Morningstar (US) - Investment Research

my number 1 in the sector is S&P Global

Creative/Experience Infra

Adobe

$ADSK (+1,82 %)
Autodesk (US) - CAD & Design

$U
Unity (US) - 3D/AR simulation

Epic Games (US) - Unreal Engine - not a listed company

my number 1 in the sector is Adobe

Platform & Ecosystem

Apple - Tencent - Alibaba

$META (+1,78 %)
Meta (US) - AR/VR, Social Robotics

ByteDance (CN) - AI & platforms - not a listed company

$9888 (+2,47 %)
Baidu (CN) - AI & Cloud

my number 1 in the sector is Tencent

Infrastructure/Edge

Dell

$HPE (-1,28 %)
HPE (US) - Edge Computing

$SMCI (+0,97 %)
Supermicro (US) - AI servers

$6702 (-1 %)
Fujitsu (JP) - Edge & HPC

my number 1 in the sector is Dell

storage solutions

Micron

$HY9H (+10,18 %)
SK Hynix (KR) - Memory

$285A (+18,41 %)
Kioxia (JP) - NAND

$WDC
Western Digital (US) - Storage solutions

my number 1 in the sector is Micron

🏛 3. secondary key sectors with hidden champions

Financing & Capital

$GS (-0,69 %) Goldman Sachs (US) - investment bank; ECM/DCM, M&A, growth financing

$MS Morgan Stanley (US) - investment bank; tech banking, capital markets

$BLK (+1,57 %) BlackRock (US) - asset manager; capital allocation, ETFs/index funds

$9984 (+2,33 %) SoftBank Vision Fund (JP) - mega VC; growth equity in robotics/AI

Sequoia Capital (US) - venture capital; early/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) - state industry/technology fund

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

DCVC (US) - Robotics & AI focus - investing exclusively via VC fund investments

Speedinvest (AT) - EU VC for robotics - access to investment only via fund investments

my number 1 in the sector is Softbank

Maintenance & Service

$SIE (+3,02 %) Siemens (DE) - Industrial Service, Lifecycle & Retrofit

$ABBN (+0,97 %) ABB (CH/SE) - Robotics Service, Spare Parts, Field Support

$GEHC (+1,85 %) GE Healthcare (US) - Medtech service incl. robotic systems

Uptake (US) - AI-based predictive maintenance - not a listed company

Augury (US/IL) - condition monitoring, condition diagnostics - not a listed company

$KU2 KUKA Service (DE) - Robotics maintenance

$6954 (+0,77 %) Fanuc Service (JP) - global service network

Boston Dynamics AI Institute (US) - Robotics longevity - funded by Hyundai Motor Group

my number 1 in the sector is Siemens

Marketing & Advertising

$WPP (-1,42 %) WPP (UK) - global advertising group; branding/communications

$OMC Omnicom (US) - marketing/PR network

$PUB (+0,91 %) Publicis (FR) - communications/advertising group

$META (+1,78 %) Meta (US) - Digital Ads (Facebook/Instagram)

$GOOG (+0,74 %) Google Ads (US) - search & display advertising

TikTok / ByteDance (CN) - social ads & distribution - not a listed company

$AAPL (+0,98 %) Apple (US) - Branding/UX; Acceptance & Platform Marketing

$WPP (-1,42 %)
AKQA (UK/US) - Tech branding - Since 2012 majority owned by the WPP Groupbut continues to operate as an autonomous operating unit

R/GA (US) - Innovation marketing - not a listed company

Serviceplan (DE) - largest independent EU agency - not a listed company

my number 1 in the sector is Meta

Law, Regulation & Ethics

ISO (CH) - international standards, robotics standards

TÜV (DE) - certification & safety tests

UL (US) - safety/conformity testing

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

UNESCO AI Ethics (UN) - global ethics guidelines

Fraunhofer IPA (DE) - Robotics safety standards

ANSI (US) - standards

IEC (CH) - Electrical engineering standards

Training & 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) - humanoid robot "Roboy"

🌍 Top 25 companies for humanoid robotics

These companies are central to the development & production of humanoid robotsbecause without them, crucial parts of the chain would be missing:

Chips & computing power (brain of the robots)

$NVDA (+1,1 %) Nvidia (US) - AI GPUs & Isaac platform, foundation for robotic AI

$2330 TSMC (TW) - world's most important foundry, produces the AI chips

$ASML (+3,22 %) ASML (NL) - EUV lithography, indispensable for chip production

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

$HY9H (+10,18 %) SK Hynix (KR) - DRAM & NAND memory for AI

$MU (+1,19 %) Micron (US) - Memory solutions for AI workloads

my number 1 in the sector is ASML

Sensors & perception (senses of robots)

$SONY Sony (JP) - image sensors, market leader

$6861 (+0,21 %) Keyence (JP) - Industrial sensors & vision systems

$CGNX (-0,28 %) Cognex (US) - Machine Vision, precise image processing

my number 1 in the sector is Keyence

Actuators & motion (muscles of robots)

$IFX (+2,3 %) Infineon (DE) - power electronics, motor control

$6594 (+0,64 %) Nidec (JP) - World market leader for electric motors

$PH Parker-Hannifin (US) - hydraulics/pneumatics, motion technology

$6481 (-0,43 %) THK (JP) - Linear guides & actuators

my number 1 in the sector is Parker-Hannifin

Communication, cloud & infrastructure (nerves & data flow)

$QCOM (+2,38 %) Qualcomm (US) - Mobile & Edge Chips

$AMZN (+0,82 %) Amazon AWS (US) - Cloud & AI infrastructure

$MSFT (-0,42 %) Microsoft Azure (US) - Cloud, AI services

$CSCO (-0,48 %) Cisco (US) - Networks & Security

$VRT (-0,28 %) Vertiv Holdings (US) - Data Center Infrastructure

my number 1 in the sector is Microsoft

End Applications & Platforms (robots themselves)

$TSLA (-4,55 %) Tesla (US) - humanoid robot Optimus

$ABBN (+0,97 %) ABB (CH/SE) - Robotics & Automation

$6954 (+0,77 %) Fanuc (JP) - industrial robots & CNC systems

$7012 (-0,88 %) Kawasaki Heavy Industries (JP) - industrial robots

PAL Robotics (ES) - humanoid robots (TALOS, ARI, TIAGo) - not a listed company

Neura Robotics (DE) - cognitive humanoid robots - not a listed company

Universal Robots (DK) - cobots

my number 1 in the sector is Tesla

🇪🇺 Top 10 European key companies for humanoid robotics

$ASML (+3,22 %)
ASML (NL)

World market leader in EUV lithography - no modern chips for AI & robotics without ASML.

$IFX (+2,3 %) Infineon (DE)

Leading in power electronics & motor control - crucial for actuators of humanoid robots.

$STM (+2,9 %)
STMicroelectronics (FR/IT)

Sensors, microcontrollers & power chips - the basis for control & perception.

$SAP (+1,22 %)
SAP (DE)

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

$SIE (+3,02 %)
Siemens (DE)

Industrial software, automation, digital twin - key for engineering & lifecycle management.

$KU2 KUKA (EN)

Robotics pioneer, industrial robots & automation - know-how for humanoid motion mechanics.

PAL Robotics (ES) - not a listed company

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

Neura Robotics (DE) - Not a listed company

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

Universal Robots (DK) - Not a listed company

Market leader for cobots - platform for safe human-robot collaboration.

Engineered Arts (UK) - not a listed company

Develops humanoid robots such as Amecaknown for realistic facial expressions & gestures - important for HRI (Human-Robot Interaction)

🌏 Top 10 Asian key companies for humanoid robotics

$2330
TSMC (Taiwan)

World's largest semiconductor foundry, produces high-end chips (e.g. Nvidia, AMD, Apple) - no AI hardware without TSMC.

$005930
Samsung Electronics (South Korea)

Foundry, memory, logic chips, image sensors - extremely broadly positioned in robotics components.

$HY9H (+10,18 %)
SK Hynix (KR) - Memory

$SONY
Sony (Japan)

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

$6861 (+0,21 %)
Keyence (Japan)

Sensor technology & machine vision for industrial automation, widely used in robotics.

$6954 (+0,77 %)
Fanuc (Japan)

Industrial robots & CNC systems, one of the most important manufacturers of robotics hardware worldwide.

$6506 (+0,68 %)
Yaskawa Electric (Japan)

Drives, motion control & robot arms - relevant for humanoid motion control.

$6594 (+0,64 %)
Nidec (Japan)

World market leader for electric motors (from mini motors to high-performance drives).

$7012 (-0,88 %)
Kawasaki Heavy Industries (JP) - Industrial robots

$9618 (-0,02 %)
JD.com (China)

Driver for robotics in e-commerce & logistics, invests in humanoid robotics applications

With a good return in a short time, I still believe in the potential it has up to $26-28 and added to the possible appreciation of the dollar, but I do not want to have too much exposure in case the market sweeps it in case of crisis or correction.

After my first 12 months investing seriously and long term in the markets I can say that I am quite satisfied 😁.

But there are always buts, and yes, I should have been more careful at the beginning of the year, around December I was blinded by the performance of my investments, I failed to see the risks which seen in hindsight were ENOUGH OBVIOUS let's review them:

• The S&P at 30x Earnings when its average is around 18-21x.

• Three years of growth well above its historical average of 10% with no justification other than the rising expectation of AI 🤖

• A 26% Return in just 6 months in my stock portfolio without much change in EPS simply a price increase due to growing demand.

• Almost 3 years of announced Crisis and many experts (Like Warren Buffet) walking away from the Markets and holding Cash positions.

• A Euro dollar rate among the lowest historically basically at par 1€/1.02$.

In all this context to have shares like $GOOGL (+0,84 %)
$META (+1,78 %) or others that I had at the time such as $AMZN (+0,82 %) were not going to help much being the most affected by the correlation of the index and its high Per not to mention the currency effect.

But I went with a very aggressive portfolio and barely kept 5% in money funds or cash 😔 (which also if I had it was by chance not by planning 🤣).

The important thing Lesson Learned, you have to keep a cool head, and maintain a balanced management according to the risks and not be blinded by these situations of "easy money".

However the year has not ended not so bad many of my "bets" have gone fantastically well as well as. $HPE (-1,28 %) (+30%) $SMSN (+1,31 %) (+15%) $BFIT (+0,12 %) (+10%)

And I have diversified into smaller stocks that are not so correlated to the indices and that according to my criteria have the potential to outperform the index

As well as other alternative investment vehicles such as BME Growth and Urbanitae projects.

And of course I keep a reserve but not too big for when opportunities like the ones we saw just a couple of months ago come along ;)

This is how things have been in the aggregate one year later, in the equity portfolio the profitability is somewhat higher, but still it is important to diversify as we said before, we continue working to improve and grow 🔝📈📈

I already warned that $HPE (-1,28 %) it was a great investment opportunity, the risk of tariffs was exaggerated and in a company that has a high dependence on components from outside that also whose margins are quite narrow (not like Apple for example) it was a real drama 🎭.

However the company that used to trade at 18x earnings was trading at 8x earnings 3 months ago and was trading below its book value at 0.8x when its average was around 1.2 if I remember correctly

You don't always get it right when you do an analysis, but when you do things with sense you get these results, we keep working and learning day by day from the market for better or for worse 🧐 📈 📉

I share with you this operation, good week to all investors!

Activist investor Elliott Investment Management has acquired a stake of over USD 1.5 billion in Hewlett Packard Enterprise (HPE), according to Bloomberg. $HPE (-1,28 %) in Hewlett Packard Enterprise (HPE). Elliott apparently wants to exert strategic influence on the company, particularly with regard to efficiency and profitability. The news caused HPE's share price to rise significantly.

Mehr Details bei Bloomberg

The news is based on what I personally consider to be reputable sources. No investment advice. Follow me for more updates!

After this correction I have learned some valuable things that I would like to share with you ✍️.

1° The Market doesn't Care how Undervalued a Stock looks 📉

I have seen from my own experience how a company like $HPE (-1,28 %) fell almost 20% in days even below its book value, making a correction almost as big or bigger than other +30% P/E companies.

2° It is always necessary to keep cash reserves 💵

We cannot predict what the market will do but if we have cash reserves we can take advantage when the market drops by 7, 8, 10 or 20%.

And that's precisely what will probably make us outperform in the long run 🚀📈.

3° Investing in Value is Better than Investing in High Expectations 💰>💸

Although my portfolio has fallen other companies with much higher P/E ratios have corrected much more companies like $SPOT (+0,91 %)
$SOFI (+0,59 %)
$TSLA (-4,55 %)
$SHOP (+0,55 %) and a long list have corrected up to 40-50%.

I have been looking for opportunities in the market and I have come across the following companies, I would appreciate your feedback

$HPE (-1,28 %) trades at 9x earnings, trades below book value, low profitability margins but 4-8% EPS growth expectations

$GMAB (+1,58 %) trades at 17 times earnings, about 8 times current Ebitda, seems to have performed well historically (book value is not a good metric, probably has capitalized R&D expenses)

$AES (-5,18 %) trades at about 4-5 times earnings, is dedicated to the generation of renewable energy, trades below its current book value for its historical performance does not seem to have done very well, but for its current valuation looks good, has a dividend of about 6% per annum

$CAT (+1,64 %) it trades at about 15 times earnings and has had a good historical performance, leader in the production of construction machinery.

Why do you think the market values these companies so low? Do you see growth possibilities or investment opportunities?