Trading disclosure
The above button links to Coinbase. Yahoo Finance is not a broker-dealer or investment adviser and does not offer securities or cryptocurrencies for sale or facilitate trading. Coinbase pays us for certain activity generated through this link. Prices displayed are informational.
Learn moreBerkshire Hathaway (NYSE: BRKA) (NYSE: BRKB) has historically shied away from making splashy investments in the technology sector. Long-time followers of this company know that it tends to focus on businesses within the consumer staples, energy, and financial services sectors, which have revenue and earnings that can be easier to predict years into the future.
But the Omaha-based conglomerate of 2026 is setting itself up for a world in which technology continues to have a greater impact on the economic backdrop. And it's betting on some well-known companies.
Missed AI's "Act 1"? Act 2 Could Be 15x Bigger. Most investors think they missed the AI boat because they didn't buy Nvidia in 2005. But according to our analysts, we're only at the end of "Act 1"—the R&D phase. "Act 2" is the global rollout. Continue »
As of Sept. 16, 30.7% of Berkshire Hathaway's $365 billion public equities portfolio is invested in these two artificial intelligence (AI) stocks. Greg Abel, who became CEO at the start of this year, has clearly indicated that he has a bullish view of these dominant businesses.
1. Apple: up 1,050% in the past decade
The first AI stock on the list is also the largest holding in Berkshire Hathaway's portfolio, even after the company trimmed the position considerably in recent years. The conglomerate first bought Apple (NASDAQ: AAPL) in the first quarter of 2016. It has probably been Warren Buffett's most lucrative capital allocation decision. In the past decade, the Magnificent Stock has surged more than 1,000%.
Investors who are closely following the AI boom might not immediately consider Apple a top way to bet on this trend, especially since it isn't shelling out hundreds of billions of dollars in annual capital expenditures to build data centers. However, this business is in one of the best positions to be a leader in consumer adoption of AI.
Apple's devices remain the primary method for people to access their digital lives. On the Q1 2026 earnings call, then-CEO Tim Cook said there were more than 2.5 billion active Apple devices around the world, an all-time high. This gives the company a powerful physical distribution advantage.
In particular, the iPhone is arguably what makes Apple an elite AI enterprise. Demand remains robust, as this single product line posted 21.7% year-over-year sales growth last quarter (ended June 27) to $54.3 billion. That represented 49.6% of Apple's overall revenue.
The business recently launched Siri AI, which offers new capabilities that can help people get more done. It's part of Apple Intelligence, the company's suite of AI features embedded in the most popular existing apps. It seems reasonable to assume that, as consumers interact with various AI tools more often going forward, this usage will occur on Apple hardware.
Story Continues