Greg Abel Lifts Berkshire's AI Stock Weight to 28% in First Quarter
Updated
Updated · The Motley Fool · May 31
Greg Abel Lifts Berkshire's AI Stock Weight to 28% in First Quarter
5 articles · Updated · The Motley Fool · May 31
Berkshire Hathaway's AI-linked holdings reached 28% of invested assets after Greg Abel's first quarter overseeing the portfolio, marking a sharper tilt toward technology than Warren Buffett typically favored.
Apple remains the anchor at 21.4% of assets, with Abel signaling it will stay a core holding as investors watch AI-driven Siri upgrades, iPhone refresh demand and services growth.
Alphabet rose to 6.8% after Abel expanded the position, helped by stronger AI momentum in Gemini, cloud and search; Google Cloud revenue grew 63% and margin widened to 32.9%.
Nucor accounts for 0.3% as a data-center infrastructure play rather than a software bet, benefiting from steel demand and pricing tied to hyperscaler buildouts, though Abel trimmed the stake last quarter.
The shift highlights how Berkshire under Abel is leaning more directly into the AI boom while still concentrating most of that exposure in established large-cap holdings.
Why sell a key AI infrastructure supplier while tripling its bet on AI software giants?
Is Berkshire abandoning Buffett's value principles for tech-fueled growth under its new leadership?