Google Deepens Partnership with MediaTek for AI Chip Development
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 2 days ago
0mins
Source: stocktwits
- Stock Fluctuation: GOOGL stock fell 1% in premarket trading on Monday, following a 2.3% gain last week that ended a five-week decline, indicating market caution regarding its future performance.
- Strengthened Partnership: Google has once again selected MediaTek as its exclusive development partner for the TPU v9 AI chip, highlighting MediaTek's increasing business ties with U.S. Big Tech firms, particularly in the custom AI silicon market.
- New Chip Development: Google is developing an upgraded version of its TPU v9, codenamed Triggerfish, which is expected to feature significantly stronger inference capabilities to support next-gen AI workloads, with production slated to begin in late 2027 and ramping up in 2028.
- Intensifying Market Competition: While Broadcom and Marvell remain dominant in the custom AI silicon market, MediaTek's collaborations with Google, Nvidia, and Microsoft indicate its emergence as a credible challenger, potentially reshaping the industry landscape.
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Analyst Views on GOOGL
Wall Street analysts forecast GOOGL stock price to rise
33 Analyst Rating
26 Buy
7 Hold
0 Sell
Strong Buy
Current: 346.130
Low
305.00
Averages
374.25
High
400.00
Current: 346.130
Low
305.00
Averages
374.25
High
400.00
About GOOGL
Alphabet Inc. is a holding company. The Company's segments include Google Services, Google Cloud, and Other Bets. The Google Services segment includes products and services such as ads, Android, Chrome, devices, Google Maps, Google Play, Search, and YouTube. The Google Cloud segment includes infrastructure and platform services, collaboration tools, and other services for enterprise customers. Its Other Bets segment is engaged in the sale of healthcare-related services and Internet services. Its Google Cloud provides enterprise-ready cloud services, including Google Cloud Platform and Google Workspace. Google Cloud Platform provides access to solutions such as artificial intelligence (AI) offerings, including its AI infrastructure, Vertex AI platform, and Gemini for Google Cloud; cybersecurity, and data and analytics. Google Workspace includes cloud-based communication and collaboration tools for enterprises, such as Calendar, Gmail, Docs, Drive, and Meet.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Margin Improvement: The company's gross margin soared to 84.9% from 39% a year earlier, surpassing analyst expectations and reflecting successful strategies in cost management and product pricing, thereby solidifying its market position.
- Long-Term Agreements: Micron signed 16 long-term agreements with data center operators and automakers, expected to generate $22 billion in financial commitments, locking in sales for three to five years and ensuring revenue stability.
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