WS #10831
Alphabet's TPU chips are increasingly seen as a compelling alternative to Nvidia's GPUs, with Google Cloud revenue projected to surge 64% to $96B, positioning Alphabet as a major AI infrastructure force. Technology stocks closed sharply lower as investors reassess AI trade sustainability, with concerns over semiconductor costs and memory pricing. Australia doubles maximum penalty for tech firms failing to uphold social media ban for under-16s to A$99M, targeting Meta, Google, Snap, TikTok.
Alphabet TPU AI Infrastructure Strength
Alphabet's TPU chips are increasingly seen as a compelling alternative to Nvidia's GPUs, with Google Cloud revenue projected to surge 64% to $96B, positioning Alphabet as a major AI infrastructure force.
Technology stocks closed sharply lower as investors reassess AI trade sustainability, with concerns over semiconductor costs and memory pricing.
Australia doubles maximum penalty for tech firms failing to uphold social media ban for under-16s to A$99M, targeting Meta, Google, Snap, TikTok.