From Nasdaq: 2025-04-11 11:25:00

Alphabet’s stock (GOOGL) has dropped 19.2% this year, trailing the Computer & Technology sector’s 16.4% decline due to trade tariffs. Despite this, Alphabet introduced Ironwood, its latest Tensor Processing Unit (TPU), offering significant performance enhancements and energy efficiency. Google Cloud also announced Cloud WAN for faster performance at lower costs.

Alphabet unveiled Willow, a quantum chip addressing error correction challenges, and Gemini 2.5 for advanced reasoning models. Plans to acquire Wiz for $32 billion to bolster Google Cloud’s security offerings are in place. Additionally, Alphabet’s strong digital advertising business, including Google Search and YouTube, continues to drive revenues amidst cloud competition.

Alphabet strengthens enterprise partnerships with NVIDIA and Oracle for AI and cloud growth. Expectations of lower Q1 revenues due to unfavorable forex and one less day compared to last year. Despite this, the company remains a Zacks Rank #3 (Hold) with a positive outlook for earnings and revenue growth in the first quarter.

A top semiconductor stock recommended by Zacks has strong earnings growth and a growing customer base, poised to meet the high demand for AI, Machine Learning, and IoT. The global semiconductor market is expected to reach $803 billion by 2028. Investors can explore this opportunity for potential growth and returns in the semiconductor industry.



Read more at Nasdaq: Can Alphabet’s New AI and Cloud Launches Push the Stock Higher?