$HY9H (+11,04%) . $SMSD (+1,14%)
$005930
$006400

CALIFORNIA, USA (IT-Times) - Samsung Electronics, SK hynix and OpenAI announce new strategic partnerships as part of OpenAI's Stargate initiative.

The goal of the strategic collaboration is to expand the infrastructure critical to AI development globally and in South Korea.

The announcement was made during a meeting between OpenAI CEO Sam Altman and South Korean President Lee Jae Myung in Seoul, as well as top executives from Samsung and SK hynix.

The partnerships will focus on increasing the supply of advanced memory chips needed for next-generation AI and expanding data center capacity in Korea.

This positions Samsung and SK hynix as key players in the global AI infrastructure and supports Korea's ambition to become one of the top three AI nations in the world, a statement said.

Under the agreement, Samsung Electronics and SK hynix plan to increase production of advanced memory chips, according to a statement issued on October 1, 2025.

The goal is to produce 900,000 DRAM wafer starts per month with accelerated capacity expansion, which is critical to delivering OpenAI's advanced AI models.

OpenAI also signed a series of agreements today to explore the development of next-generation AI data centers in Korea.

These include a Memorandum of Understanding (MoU) with the Korean Ministry of Science and ICT (MSIT), specifically to explore opportunities to build AI data centers outside of the Seoul metropolitan area.

The agreements signed today also include a separate partnership with SK Telecom to explore the construction of an AI data center in Korea and an agreement with Samsung C&T, Samsung Heavy Industries and Samsung SDS to explore opportunities for additional data center capacity in the country.

Samsung Electronics and SK hynix will also deploy ChatGPT Enterprise and API capabilities across their organizations to improve workflows and support new forms of innovation.

https://www.it-times.de/news/die-ki-chip-superallianz-samsung-sk-hynix-und-openai-bauen-die-globale-ki-infrastruktur-174002/

Huawei's top AI chip reportedly uses components from TSMC, Samsung and SK Hynix

http://www.aastocks.com/en/stocks/news/aafn-con/NOW.1474641/

$HY9H (+11,04%)
$ASML (+0,24%)
$INTC (+0,74%) . $MU (+0,59%)

SK Hynix is now the market leader in memory, also thanks to greater use of EUV than its competitors. According to current expansion plans, this is set to continue: Within just two years, around 20 more EUV systems are to be purchased to equip new factories and are intended for HBM and the latest memory solutions.

Number of EUV systems to double

SK Hynix already uses around 20 EUV systems from ASML in the Netherlands in its production. According to South Korean media today, this number is set to double by 2027, which could make SK Hynix one of the three largest customers.

According to analyses, SK Hynix would then have as many or even more EUV systems in use than Intel, which is rather atypical for a memory manufacturer. The number 1 in EUV is of course TSMC, which is unbeaten, while Samsung is number 2 as the world's second largest foundry, because it was here, in the logic sector, that EUV established itself many years earlier.

Intel completely missed the boat and is now having to pay for its failure with extensive problems including mass redundancies and new partnerships for financial injections.

SK Hynix, on the other hand, is extremely active in the new EUV systems. The manufacturer has been using EUV since 2021, and the South Koreans have already taken delivery of their first high-NA EUV system. This is now being used to test when it will be worth using in series production.

Micron is taking exactly the opposite approach: Here, EUV has only just been ramped up and is now slowly being integrated. However, the difference of four years does not seem to make as much of a difference in memory production as it does in the logic sector, as Micron also continues to make a lot of sales and high profits. After four years without EUV, Intel had once again fallen behind TSMC in terms of processor production.

The new EUV and later also high-NA EUV systems should help SK Hynix to bring new products to market faster and with good yields. The advantage of the newer equipment is always that the number of exposure steps can be reduced, resulting in fewer errors. Ultimately, this saves time and costs, even though the initial investment of several hundred million euros per exposure system is huge. The scanners are to be used in both the M15X factory extension in Cheongju and the M16 factory in Icheon.

https://www.computerbase.de/news/wirtschaft/sk-hynix-expandiert-20-neue-euv-systeme-binnen-2-jahren-geplant.94443/

Hello dear Getquin Community,

After $ORCL (-0,04%) 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 (+0,31%) (USA, Nasdaq) → World market leader with >30 % market share, huge data centers & own AI chips (Trainium, Inferentia)

Microsoft Azure - $MSFT (-0,24%) (USA, Nasdaq) → second largest provider, strong AI focus through OpenAI partnership

Google Cloud - $GOOGL (-0,7%) (USA, Nasdaq) → third largest provider, specialized in AI workloads & big data

Oracle Cloud Infrastructure (OCI) - $ORCL (-0,04%) (USA, NYSE) → Number 4 worldwide, currently fastest growth (+70-80 %), RPO USD 455 bn

Alibaba Cloud - $BABA (+0,5%) , $9988 (+0,38%) (China, NYSE/HKEX) → Market leader in Asia, complete cloud suite from IaaS to AI

Favorite: Oracle - $ORCL (-0,04%)

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 (+0,5%) , $9988 (+0,38%)

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 (-0,78%) 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 (+0,12%) DE (Deutsche Telekom, Germany) → Hybrid & Sovereign Cloud for Public Sector

IONOS - $IOS (-5,42%) 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 (-0,78%)

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 (+1,17%) , $9888 (+0,82%) (Nasdaq, China/USA) → AI workloads, autonomous driving, language models

JD Cloud - part of $JD (+0,33%) , $9618 (+0,43%) (Nasdaq, China/USA) → Cloud for e-commerce & retail

Kingsoft Cloud - $KC (-0,37%) , $3896 (+0,85%) (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 (-0,37%) , $3896 (+0,85%)

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 (+0,81%) T (Tokyo) → Enterprise cloud with global network

NEC Cloud - $6701 (+0,75%) T (Tokyo) → Government & security solutions

Fujitsu Cloud K5 - $6702 (+4,99%) T (Tokyo) → Hybrid cloud for large companies

Rakuten Symphony Cloud - part of $4755 (+1,56%) T (Tokyo) → 5G & telecom cloud

IIJ Cloud - $3774 (+0,34%) T (Tokyo) → Cloud pioneer for enterprise IT

Favorite: NTT - $9432 (+0,81%)

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 (+1,11%) KQ (Korea KOSDAQ) → Enterprise & IoT Cloud

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

Telstra Cloud - $TLS (-0,47%) 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 (+0%) (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 (-0,78%) 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 (+0,29%) (USA, Nasdaq) → GPUs for AI training & cloud

AMD - $AMD (-0,01%) (USA, Nasdaq) → CPUs/GPUs for Data Center

Intel - $INTC (+0,74%) (USA, Nasdaq) → Server CPUs & AI accelerators (Gaudi)

TSMC - $TSM (+1,42%) (Taiwan, NYSE/TWSE) → largest chip manufacturer, produces for NVIDIA/AMD

Samsung Electronics - $SMSN (+1,11%) KQ (Korea) → Memory, foundry, GPUs/CPUs

Favorite: Nvidia - $NVDA (+0,29%)

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 (-0,15%) (USA, Nasdaq) → GPU clusters & AI servers

Dell Technologies - $DELL (-0,04%) (USA, NYSE) → Enterprise Servers & Storage

Hewlett Packard Enterprise - $HPE (+0,06%) (USA, NYSE) → Hybrid Cloud & Edge

Inspur - private (China) → AI & Cloud Server

Lenovo - $LNVGY (-1,16%) (China/ADR) → HPC and AI servers

Favorite: Supermicro - $SMCI (-0,15%)

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

⚡ Memory & network chips

Micron - $MU (+0,59%) (USA, Nasdaq) → DRAM & HBM memory

SK Hynix - $HY9H (+11,04%) KQ (Korea) → Memory chips, HBM for NVIDIA

Broadcom - $AVGO (+0,57%) (USA, Nasdaq) → Network Chips & Switches

Marvell - $MRVL (+0,07%) (USA, Nasdaq) → Network & 5G chips

ASE Technology - $ASX (-1,32%) (Taiwan, NYSE) → Packaging for high-end chips

Favorite: Broadcom - $AVGO (+0,57%)

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 (+0,49%) (USA, Nasdaq) → largest colocation provider worldwide

Digital Realty - $DLR (+1,18%) (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 (+0,81%) T (Tokyo) → Data centers in Asia/Europe

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

Favorite: Equinix - $EQIX (+0,49%)

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 (-0,86%) PA (France, Euronext) → Power & Cooling for Data Center

ABB - $ABBN (+0,54%) (Switzerland, SIX/NYSE ADR) → Energy & Automation

Siemens Energy - $ENR (-0,83%) (Germany, Xetra) → Power Grids & Data Center Technology

Vertiv - $VRT (-0,1%) (USA, NYSE) → Cooling, Racks & UPSs

Eaton - $ETN (+0,26%) (Ireland/USA, NYSE) → Power Management

Favorite: Schneider Electric - $SU (-0,86%)

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 (-0,64%) (USA, Nasdaq) → Router & Network Hardware

Arista Networks - $ANET (+0,86%) (USA, NYSE) → High-speed switches for hyperscalers

Juniper Networks - Acquisition by $HPE (+0,06%) Hewlett Packard HP (USA, NYSE) → Routing & Network Security

Ciena - $CIEN (-0,34%) (USA, NYSE) → Fiber Optics & Optical Networks

Nokia - $NOK (-0,72%) (Finland, NYSE/Helsinki) → 5G & Core Networks

Favorite: Arista Networks - $ANET (+0,86%)

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

$HY9H (+11,04%)

All notable manufacturers of DRAM components, such as for RAM, are growing. In absolute terms, SK Hynix is benefiting the most: its turnover grew by almost 26% from the first to the second quarter of 2025 to a good 12.2 billion US dollars. Samsung benefited less strongly with growth of just under 14% to USD 10.4 billion.

The figures come from market observer Trendforce, which estimates the pure sales figures for DRAM components and enables a direct comparison using average conversion rates. In its own annual report, Samsung, for example, only reports the turnover of the entire memory division in won currency, including NAND flash for SSDs.

Samsung replaced

SK Hynix is establishing itself as the DRAM manufacturer with the highest turnover after decades of Samsung dominance. SK Hynix accounts for 38.7 percent of global DRAM sales, with Samsung accounting for 32.7 percent. Both manufacturers come from South Korea.

Micron from the USA is the third DRAM manufacturer among the big three. However, with an increase of just under six percent to seven billion dollars, Micron is growing the least. The fourth largest manufacturer, Nanya from Taiwan, is miles behind with a turnover of 341 million dollars.

In relative terms, some Taiwanese manufacturers are growing the fastest: Nanya by 56 percent, PSMC by as much as 86.4 percent. However, with market shares of 0.1 to 1.1 percent, they lead a niche existence.

The three global market leaders are benefiting from the hype surrounding AI, as hyperscalers and their suppliers are buying masses of memory for their data centers. SK Hynix appears to be benefiting in particular from high-bandwidth memory (HBM) for Nvidia. Samsung is said to have had problems with Nvidia's certification for AI accelerators with the HBM3 and later HBM3e generation, which delayed deliveries.

In the second quarter, older DDR4 chips still reduced the average prices of memory manufacturers. However, the tide could currently be turning: Because manufacturers are converting their production lines, DDR4 supply is scarce. At the same time, PC, server and electronics manufacturers are buying up the remaining stock for their systems. As a result, DDR4 prices are exploding, which could fuel growth once again in the current quarter.

https://www.heise.de/news/DRAM-SK-Hynix-setzt-sich-vom-einstigen-Weltmarktfuehrer-ab-10629033.html

$HY9H (+11,04%)

SK Hynix's latest memory chip comes with QLC technology and a capacity of 2 terabits. The chips could enable SSDs with more memory.

The world's second largest memory manufacturer SK Hynix is expanding its NAND flash generation V9 with a QLC version that stores four bits per cell (Quadruple Level Cells). It follows two years after the introduction of the TLC version (Tiple Level Cells with three bits). The QLC version doubles the storage capacity per chip from one to two terabits - probably accompanied by an increase in chip size.

The latest offshoot also works with 321 memory layers per chip. Just four of these chips stacked on top of each other results in a module with a capacity of one terabyte. 16 chips would result in 4 TByte in a small space.

PC SSDs first

SK Hynix is currently ramping up series production of the new QLC chips. The first products are set to appear in the first half of 2026. The manufacturer also sells its chips to third-party manufacturers who do not produce their own memory. According to the announcement, PC SSDs will be the first to go. The focus of QLC memory is on high capacity at the expense of performance compared to TLC. It is possible that this will result in M.2 SSDs with a capacity of 4 TByte that are around 30 mm short - until now, the limit has been 2 TByte.

In the long term, however, the focus is on high-capacity SSDs for data centers, as is typical for QLC. SK Hynix also wants to end up primarily in data centers for AI training.

More internal storage areas

While the number of storage layers remains identical between the QLC and TLC versions, SK Hynix has reorganized the internal structure: The cells are now divided into six memory areas (planes) instead of four. Each area can be written to and read from in parallel, which is intended to improve performance and thus conceal the transfer weaknesses of QLC.

The manufacturer promises a 56 percent improvement in write speed and 18 percent higher read performance compared to its previous QLC modules. Energy efficiency is set to increase by 23 percent.

https://www.heise.de/news/Hochkapazitivie-PC-SSDs-SK-Hynix-stellt-2-Tbit-Speicherchips-mit-321-Lagen-vor-10607466.html

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 (+0,46%) ARM (UK) - CPU-IP, energy-efficient processors

$SNPS (-0,12%) Synopsys (US) - EDA software, chip design

$CDNS (+0,63%) Cadence (US) - EDA & Simulation

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

$DSY (-1,03%) Dassault Systèmes (FR) - 3D Design & Digital Twin

$SIE (-0,26%) Siemens (DE) - Industrial Software & Lifecycle Mgmt

$ADBE (+0,05%) Adobe (US) - Design, AR/UX

ANSYS (US) - multiphysical simulation - acquisition by Synopsis

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

$HXGBY (+0,96%)
Hexagon (SE) - Metrology & Simulation

$AWE (-0,92%) 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 (+0,24%) ASML (NL) - Lithography (EUV)

$AMAT (+2,66%) Applied Materials (US) - Semiconductor equipment

$8035 (+2,81%) Tokyo Electron (JP) - wafer fabrication

$KEYS (+0,07%) Keysight Technologies (US) - Metrology

$6857 (+4,29%) Advantest (JP) - Chip test systems

$TER (+0,48%) Teradyne (US) - test systems + cobots

$6954 (+2,54%) Fanuc (JP) - Industrial robots, CNC

$CAT (+0,3%) 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 (-0,49%) Jabil (US) - contract manufacturing (EMS/ODM)

$KIT (-1,07%) Kitron (NO) - European EMS/ODM manufacturer

$AIXA (-0,5%) Aixtron (DE) - deposition equipment for compound semiconductors

$LRCX (+1,39%)
Lam Research (US) - Etch/deposition systems

$MKSI (-0,3%)
MKS Instruments (US) - Plasma/vacuum technology

$ASM (+0,11%)
ASM International (NL) - Deposition systems

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

3. chip manufacturing (foundries)

$TSM (+1,42%) TSMC (TW) - leading foundry

$005930 Samsung Electronics (KR) - foundry + memory

$GFS (-0,21%) GlobalFoundries (US) - specialty chips

$INTC (+0,74%)
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 (+0,29%) Nvidia (US) - GPUs, AI chips

$INTC (+0,74%) Intel (US) - CPUs, FPGAs

$AMD (-0,01%) AMD (US) - CPUs, GPUs

$MRVL (+0,07%) Marvell (US) - network chips

$MU (+0,59%) Micron (US) - Memory

$DELL (-0,04%) 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 (+1,54%) Sony (JP) - image sensors

$6861 (+1,13%) Keyence (JP) - Industrial sensors

$STM (-0,81%) STMicroelectronics (FR/IT) - Sensors, MCUs

$TDY Teledyne (US) - optical/infrared sensors

$CGNX (+0,12%) Cognex (US) - Machine Vision

$HON (-0,38%) Honeywell (US) - sensor technology, security

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

$AMBA (-0,16%) Ambarella (US) - video & computer vision SoCs for real-time image recognition

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

$AMS (+0,41%)
-OSRAM (AT/DE) - optical sensors

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

6. actuators & power electronics ("muscles")

$IFX (-0,94%) Infineon (DE) - Power Electronics

$ON (+1,05%) onsemi (US) - Power & Sensors

$TXN (+0,32%) Texas Instruments (US) - Mixed-Signal Chips

$ADI (+0,34%) Analog Devices (US) - Signal Processing

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

$MP (+1,82%) MP Materials (US) - Magnets

$APH (+0,02%) Amphenol (US) - Connectors

$6481 (+0,86%) THK (JP) - Linear guides & actuators

$6324 (+3,63%)
Harmonic Drive (JP) - Precision gears & servo drives for robotics

$6594 (+0,48%)
Nidec (JP) - Electric motors

$6506 (+8,51%)
Yaskawa (JP) - Drives & Robotics

$SU (-0,86%)
Schneider Electric (FR) - Energy & control solutions

$ZIL2 (+0%)
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 (-0,03%) Qualcomm (US) - mobile communications, edge AI

$ANET (+0,86%) Arista Networks (US) - Networks

$CSCO (-0,64%) Cisco (US) - Networks, Security

$EQIX (+0,49%) 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 (-0,28%)
Ericsson (SE) - 5G/IoT infrastructure

$NOKIA (-0,08%)
Nokia (FI) - 5G/6G for industry

$HPE (+0,06%)
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 (-0,59%) CATL (CN) - Batteries

$6752 (+6,59%) Panasonic (JP) - Batteries

$373220 LG Energy (KR) - Batteries

$ALB (+0,45%) Albemarle (US) - Lithium

$LYC (+5,3%) Lynas (AU) - Rare earths

$UMICY (-0,54%) Umicore (BE) - Recycling

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

$ABBN (+0,54%) 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 (+4,42%)
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 (+0,31%) Amazon AWS (US) - Cloud, AI

$MSFT (-0,24%) Microsoft Azure (US) - Cloud, AI

$GOOG (-0,69%) Alphabet Google Cloud (US) - Cloud, ML

$VRT (-0,1%)
Vertiv Holdings (US) - Data center infrastructure (UPS, cooling, edge)

$ORCL (-0,04%)
Oracle Cloud (US) - ERP + Cloud

$IBM (-0,04%)
IBM Cloud (US) - Hybrid cloud + AI

$OVH (-0,78%)
OVHcloud (FR) - European cloud

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

10. software & data platforms

$PLTR (-0,65%) Palantir (US) - Data integration

$DDOG (+0,51%) Datadog (US) - Monitoring

$SNOW (+0,52%) Snowflake (US) - Data Cloud

$ORCL (-0,04%) Oracle (US) - Databases, ERP

$SAP (-0,99%) SAP (DE) - ERP systems

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

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

$NVDA (+0,29%) NVIDIA Isaac (US) - robotics development - part of Nvidia

$INOD (+2,24%) Innodata (US) - data annotation & AI training data

$PATH (+0,23%)
UiPath (RO/US) - Robotic process automation

$AI (+0,73%)
C3.ai (US) - AI platform

$ESTC (-0,33%)
(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 (+0,54%) ABB (CH/SE) - Industrial Robots

$6954 (+2,54%) Fanuc (JP) - Industrial robots

$TSLA (+0,88%) Tesla Optimus (US) - humanoid robot

$9618 (+0,43%) JD.com (CN) - logistics robot

$AAPL (-1,6%) Apple (US) - Platform & UX

$700 (-0,38%) Tencent (CN) - Platform & AI

$9988 (+0,38%) Alibaba (CN) - logistics & platform

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

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

$TER (+0,48%) Universal Robots (DK) - cobots - belongs to the Teradyne Corporation

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

$ISRG (+0,23%) Intuitive Surgical (US) - surgical robotics

$GMED (+0,6%)
Globus Medical (US) - surgical robotics (ExcelsiusGPS platform)

$7012 (-1,45%) Kawasaki Heavy Industries (JP) - industrial robots, automation

$CPNG (-0,07%) Coupang (KR) - Logistics end user

$IRBT (+1,23%)
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 (+5,77%)
Iluka Resources (AU) - Rare earths

$ARR (-0,42%)
American Rare Earths (US/AU) - New supply chains

my number 1 in the sector is Albemarle

manufacturing technology

ASML - Applied Materials - Tokyo Electron

$LRCX (+1,39%)
Lam Research (US) - Plasma/etching processes

$ASM (+0,11%)
ASM International (NL) - ALD equipment

$MKSI (-0,3%)
MKS Instruments (US) - Plasma/vacuum technology

my number 1 in the sector is ASML

Quality assurance

Keysight - Advantest - Teradyne

$EMR (-0,12%)
National Instruments (US) - Measurement technology - from Emerson Electric adopted

$300567
ATE Test Systems (CN) - test systems

$FORM (+0,6%)
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 (+0,86%)
THK (JP) - Linear guides

my number 1 in the sector is Parker-Hannifin

Sensors/Imaging

$TDY Teledyne

$BSL (-4,76%) 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 (+5,54%)
Hitachi Metals (JP) - Magnetic materials

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

$4063 (+3,25%)
Shin-Etsu Chemical (JP) - Specialty materials

my number 1 in the sector is MP Materials

Chip Design & Simulation

Synopsys - Cadence - ARM

$SIE (-0,26%)
Siemens EDA (DE/US)-Mentor Graphics-strategic business unit of Siemens AG

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

$CEVA (+0,83%)
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 (+0,96%)
Hexagon (SE) - Metrology

$SNPS (-0,12%)
ANSYS (US) - Simulation - takeover by Synopsys

my number 1 in the sector is Siemens

Networks & Data Centers

Arista - Cisco - Equinix

$HPE (+0,06%)
Juniper (US) - Networks - Acquisition of HPE

$DTE (+0,12%)
T-Systems (DE) - Industry cloud

$OVH (-0,78%)
OVHcloud (FR) - European cloud

my number 1 in the sector is Arista

Cloud infrastructure

AWS - Azure - Google Cloud

$ORCL (-0,04%)
Oracle Cloud (US) - ERP & databases

$IBM (-0,04%)
IBM Cloud (US) - Hybrid Cloud

$9988 (+0,38%)
Alibaba Cloud (CN) - Asian Cloud

$VRT (-0,1%)
Vertiv Holdings (US) - Cloud/Infra

my number 1 in the sector is Alphabet (Google)

finance/information infra

S&P Global

$MCO (-0,16%)
Moody's (US) - Ratings

$MSCI (-0,2%)
MSCI (US) - Indices

$MORN
Morningstar (US) - Investment Research

my number 1 in the sector is S&P Global

Creative/Experience Infra

Adobe

$ADSK (+0,04%)
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 (+0,11%)
Meta (US) - AR/VR, Social Robotics

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

$9888 (+0,82%)
Baidu (CN) - AI & Cloud

my number 1 in the sector is Tencent

Infrastructure/Edge

Dell

$HPE (+0,06%)
HPE (US) - Edge Computing

$SMCI (-0,15%)
Supermicro (US) - AI servers

$6702 (+4,99%)
Fujitsu (JP) - Edge & HPC

my number 1 in the sector is Dell

storage solutions

Micron

$HY9H (+11,04%)
SK Hynix (KR) - Memory

$285A (+12,5%)
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 (-0,1%) Goldman Sachs (US) - investment bank; ECM/DCM, M&A, growth financing

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

$BLK (-0,02%) BlackRock (US) - asset manager; capital allocation, ETFs/index funds

$9984 (+3,56%) 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 (-0,26%) Siemens (DE) - Industrial Service, Lifecycle & Retrofit

$ABBN (+0,54%) ABB (CH/SE) - Robotics Service, Spare Parts, Field Support

$GEHC (+0,11%) 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 (+2,54%) 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 (+0%) WPP (UK) - global advertising group; branding/communications

$OMC Omnicom (US) - marketing/PR network

$PUB (-0,86%) Publicis (FR) - communications/advertising group

$META (+0,11%) Meta (US) - Digital Ads (Facebook/Instagram)

$GOOG (-0,69%) Google Ads (US) - search & display advertising

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

$AAPL (-1,6%) Apple (US) - Branding/UX; Acceptance & Platform Marketing

$WPP (+0%)
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 (+0,29%) Nvidia (US) - AI GPUs & Isaac platform, foundation for robotic AI

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

$ASML (+0,24%) ASML (NL) - EUV lithography, indispensable for chip production

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

$HY9H (+11,04%) SK Hynix (KR) - DRAM & NAND memory for AI

$MU (+0,59%) 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 (+1,13%) Keyence (JP) - Industrial sensors & vision systems

$CGNX (+0,12%) Cognex (US) - Machine Vision, precise image processing

my number 1 in the sector is Keyence

Actuators & motion (muscles of robots)

$IFX (-0,94%) Infineon (DE) - power electronics, motor control

$6594 (+0,48%) Nidec (JP) - World market leader for electric motors

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

$6481 (+0,86%) THK (JP) - Linear guides & actuators

my number 1 in the sector is Parker-Hannifin

Communication, cloud & infrastructure (nerves & data flow)

$QCOM (-0,03%) Qualcomm (US) - Mobile & Edge Chips

$AMZN (+0,31%) Amazon AWS (US) - Cloud & AI infrastructure

$MSFT (-0,24%) Microsoft Azure (US) - Cloud, AI services

$CSCO (-0,64%) Cisco (US) - Networks & Security

$VRT (-0,1%) Vertiv Holdings (US) - Data Center Infrastructure

my number 1 in the sector is Microsoft

End Applications & Platforms (robots themselves)

$TSLA (+0,88%) Tesla (US) - humanoid robot Optimus

$ABBN (+0,54%) ABB (CH/SE) - Robotics & Automation

$6954 (+2,54%) Fanuc (JP) - industrial robots & CNC systems

$7012 (-1,45%) 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 (+0,24%)
ASML (NL)

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

$IFX (-0,94%) Infineon (DE)

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

$STM (-0,81%)
STMicroelectronics (FR/IT)

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

$SAP (-0,99%)
SAP (DE)

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

$SIE (-0,26%)
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 (+11,04%)
SK Hynix (KR) - Memory

$SONY
Sony (Japan)

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

$6861 (+1,13%)
Keyence (Japan)

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

$6954 (+2,54%)
Fanuc (Japan)

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

$6506 (+8,51%)
Yaskawa Electric (Japan)

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

$6594 (+0,48%)
Nidec (Japan)

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

$7012 (-1,45%)
Kawasaki Heavy Industries (JP) - Industrial robots

$9618 (+0,43%)
JD.com (China)

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

Hello my dears,

the love @yngfinn has asked me how I find shares. I would like to share my answer with you.

@yngfinn

Hello my dear,

as I have enough positions in my portfolio at the moment, I am no longer looking so intensively for new companies. I don't trade and am more long-term oriented.

My approach is quite different.

By sector:

I often look at which sectors and areas are currently on the move. Or what the areas of the future are, such as robotics, defense and aerospace, AI, etc.

But I also look at which sectors and countries in my portfolio are undervalued.

Or also in which sectors I see a need to catch up because they have been driven down unjustifiably. Like the healthcare sector, for example 🍊.

I watch reports and documentaries. Like exploring the oceans and seas. And discovering Kraken Robotic $PNG (+1,7%) and Norbit $NORBT (+0,32%) .

https://getqu.in/Ey45a0/

After Powel's speech on Friday, for example, it would now make sense to look for real estate and homebuilders. Like Buffet did with his stock Dr. Horten $DHI (-0,33%) .

Unfortunately, the ongoing wars show the importance of drones and drone defense.

But also the increasing importance in agriculture (I have already written a post about this).

https://getqu.in/SdXvMm/

In the end, my choice here was $AVAV (+2,44%) AeroVironment. And the contract manufacturer $KIT (-1,07%) Kitron.

In the future-oriented robotics sector, I don't really want to invest in overvalued stocks such as $TSLA (+0,88%) Tesla or the contract manufacturer $JBL (-0,49%) Jabil. I see Japan as very innovative here. As shown by $7012 (-1,45%) Kawasaki shows. This is how I discovered the blade supplier $6481 (+0,86%) THK (there was a post from me about this).

https://getqu.in/fZudqX/

By country:

When Iran attacked Israel, I took advantage of the dip and picked Israeli stocks.

For example, I discovered Gilat $GILT (+0%) for example.

But as a long-term investor, I still see the USA in the lead. I also like to take a look at small and mid caps.

But I also often look at countries that are not quite so much in focus. Scandinavia or Italy.

I have found $LTMC (+0,36%) Lottomatica and $CAMX (+0,9%) Camurus.

I often only look at the companies by momentum from the various indices in these countries.

By company:

I also often look at which companies are currently the stars on the stock market. Like Rheinmetall, for example, but then I don't go into the overvalued shares, but look for suppliers, i.e. blade suppliers. That's how I came across Kitron $KIT (-1,07%) for example. Kitron as a contract manufacturer for the defense sector.

Or when Novo Nordisk was still a star, I discovered the Novo supplier $YPSN (+0,49%) discovered.

Nvidia supplier $HY9H (+11,04%) sk Hynix.

Where is the capex of the companies going?

Based on this question, I came across the AI infrastructure companies $IESC (+0,6%) IES Holding and $VRT (-0,1%) Vertiv.

The weakness of one company makes other companies strong.

The weakness of Boeing makes $AIR (+1,21%) and $ERJ (+1,54%) strong. That's how I came across Embraer and $MTX (+1,1%) MTU.

https://getqu.in/4hiSbt/

Research and reports, such as on coinbase $COIN (-0,49%) (CAUTION never buy based on a story).

https://getqu.in/OIiwhP/

Good company figures with a growth story could also be a reason. As for example with $GILD (+0,33%) Gilead.

https://getqu.in/iF8BDY/

Takeover fantasies:

Takeover rumors usually mean that the share price of the company to be taken over rises.

As was the case with $AWE (-0,92%) Alphawave was the case.

https://getqu.in/1NPNWI/

Or with Iveco $IVG (-0,1%)

https://getqu.in/WJnLFp/

https://getqu.in/VnK4Xk/

CAUTION: Something can always go wrong here and send the share price plummeting.

I experienced this myself with i robot when the UK did not agree to a takeover by Amazon.

No matter in which area. My approach is usually to pick out the momentum stocks. I then look at the multiples, news, order situation and, of course, the company.

Compounders and long-term runners:

In my core, I only invest in quality stocks with a moat.

Here it makes sense not to buy at the ATH, but on the dip.

Multiples:

What is important to me with multiples:

-profitable company, or in the next year

Profitable.

Preferably double-digit profit growth with a falling P/E ratio.

-Percentage profit growth is higher than sales growth.

-good and rising EbiT margin.

-PEG below or around 1

-increasing free cash flow taking into account capex.

My dears,

I hope my brief summary of my approach perhaps offers you a little added value.

Please let me know in the comments.

Suggestions for improvement are also welcome. 😘😘

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 (+0,14%)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 (+1,42%) and $HY9H (+11,04%) which I bought cheaply and undervalued as individual positions.

$NVDA (+0,29%) 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 (+0,57%) 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 (+1,42%) Taiwan Semi

4.65% $NVDA (+0,29%) NVIDIA

4.55% $GOOG (-0,69%) Google

4.47% $AVGO (+0,57%) Broadcom

2.85% $MSFT (-0,24%) Microsoft

2.63% $META (+0,11%) Meta

2.37% $AAPL (-1,6%) Apple

2.04% $ASML (+0,24%) Asml

1.95% $MA (+0,31%) Mastercard

1.91% $JPM (+0%) JPMorgan

$AAPL (-1,6%)
$NVDA (+0,29%) . $HY9H (+11,04%)

The US President wants to impose a special tariff on imported semiconductor chips. The measure is likely to be aimed primarily at China.

US President Donald Trump wants to impose a special tariff of around 100 percent on imported semiconductor chips. Trump told reporters in the Oval Office on Wednesday (local time) that the new tariff would apply to all chips and semiconductors coming into the US. However, companies that produce in the United States or at least plan to do so will be exempt from the tariff, Trump added. If companies do not keep their promise to build factories, the tariff will be applied retroactively. However, there was no formal announcement of the tariffs and Trump did not provide any further details.

The measure is likely to be aimed primarily at China. The Taiwanese chip contract manufacturer TSMC would probably be exempt from the tariffs due to its factories in the USA. This would also mean no higher costs for its major customers such as the AI chip group Nvidia. According to a South Korean trade representative, the South Korean chip manufacturer SK Hynix could also not be affected by the special tariff, just like Samsung Electronics. SK Hynix also supplies Nvidia with chips that are used in chipsets for artificial intelligence. The EU, South Korea and Japan have concluded trade agreements with the USA, which could give them an advantage.

Subsidy program for US semiconductor manufacturing

In 2022, the US Congress launched a subsidy program for semiconductor manufacturing and research worth USD 52.7 billion. The aim is to strengthen domestic production. According to the Department of Commerce, the USA produced around twelve percent of the world's semiconductor chips last year. In 1990, the share was still 40 percent. It is not yet entirely clear how many chips from which country will be affected by the new levy. (Reuters)

https://www.diepresse.com/19974881/trump-usa-werden-zoelle-von-100-auf-mikrochip-importe-erheben

$MU (+0,59%)
$HY9H (+11,04%)

Good morning, my dears,

After the good figures for Sk Hynix , it was almost obvious that Micron would follow suit.

I see a favorable valuation and a good outlook for both. There is therefore still potential.

And I remain invested in both.

Micron is exceeding expectations in terms of sales and earnings. The outlook is strong thanks to the AI boom. Nevertheless, the share gave back some of its gains after the close of trading. What's going on? US chip manufacturer Micron exceeded analysts' expectations in the third quarter in terms of both turnover and profit. The company also provided an optimistic outlook, which is supported by the ongoing boom in artificial intelligence (AI). Nevertheless, the share was unable to maintain its initial gains after the close of trading. Specifically, Micron achieved adjusted earnings per share of USD 1.91, while only USD 1.60 was expected.

Full article

https://www.wallstreet-online.de/nachricht/19514993-chipriese-micron-ueberrascht-baerenstarken-zahlen-aktie-verhalten