This article first appeared on GuruFocus. Alphabet (GOOG, GOOGL) shares climbed more than 2% in Monday's premarket trading after Google introduced two new artificial intelligence chips, intensifying its push into a market dominated by Nvidia (NVDA). The announcement highlights Google's growing ambition to supply the computing infrastructure behind advanced AI systems, potentially creating another major growth opportunity beyond its traditional cloud services. Is GOOG fairly valued? Test your thesis with our free DCF calculator.GOOG GF Value chart Google unveiled the TPU 8tx and TPU 8i Max, two processors designed to address increasingly demanding AI workloads. The pace of development is accelerating.
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