Alphabet said Oracle will offer Google's TPUs, the first time customers can access them outside Google's infrastructure. Analysts expect Google Cloud revenue to jump about 90% from a year earlier, after 82% growth in the second quarter, when Google Cloud revenue was $25 billion versus $42 billion at AWS and $29 billion at Microsoft Azure. Anthropic agreed to use up to 1 million TPUs in a deal worth tens of billions of dollars, and CNBC confirmed OpenAI is also planning to buy TPUs. Broadcom detailed a $63 billion vehicle backed by Blackstone and three big banks to buy TPUs and lease them to Anthropic for five years. TD Cowen estimates a 20% operating margin on TPU sales, compared with about 35% for overall cloud margin last quarter.
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GOOGLcloud computingsemiconductorsartificial intelligenceAnthropic
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Related tickers and likely impact
GOOGL
▲ Likely positiveAlphabet Inc. (Class A)
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | Communication Services |
| Industry | Interactive Media & Services |
| Market cap | $4.0T |
| Close on 10/27/2026 | 320.57 |
| Change that session | +1.19% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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