Alphabet CEO Sundar Pichai Just Made a Decision That Could Move Nvidia and Broadcom Stock

Alphabet’s move to begin selling its custom TPU chips to select outside customers marks a new revenue stream that could gradually broaden its growth profile beyond cloud and advertising. The article argues this development may pressure Nvidia by giving AI customers a cheaper, purpose-built alternative to GPUs for certain workloads, while also benefiting Broadcom, which helps design Alphabet’s TPUs under a long-term arrangement through 2031. Management said TPU sales began contributing revenue in Q2, but the business is still small and uncertain. Overall, the piece is bullish on Alphabet’s long-term prospects, citing strong cloud momentum, digital ad dominance, and AI-driven operating leverage, though it frames the TPU opportunity as an additional upside driver rather than the main investment thesis.