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Benzinga
Benzinga
Business
Anusuya Lahiri

Alphabet's Quiet AI Chip Bet Suddenly Looks Like Its Next Multi-Billion-Dollar Machine

Stuttgart,,Germany,-,July,20,,2023:,Google,And,Alphabet,Logo

Investors are increasingly eyeing Alphabet Inc.’s (NASDAQ:GOOGL) (NASDAQ:GOOG) in-house artificial intelligence chips as a potential breakout business, betting that the company’s tensor processing units could evolve from a behind-the-scenes strength into a major new revenue engine.

Wall Street is increasingly betting that tensor processing unit (TPU) chips could become a major revenue driver for Google’s parent company.

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