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Alphabet (GOOGL) Ramps TPU Production on AI Demand, Boosting Meta and Cloud Partnerships

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The Story

News Summary

  • Alphabet (GOOGL) is increasing production of its TPUs, supported by strong AI demand from Meta and cloud providers.
  • This shift may boost suppliers like Broadcom and Lumentum while presenting modest headwinds for GPU vendors like Nvidia.
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GOOGL price history

349.39 +8.30% over the displayed period

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