Alphabet is the parent company of Google, spanning search advertising, Google Cloud and custom AI chips. Its latest quarter showed revenue up 25% to $127.6 billion, but profit fell and Search growth slowed to 12%, sending shares down about 13% and wiping out $500 billion in market value. OpenAI also plans to buy Google chips, and Alphabet raised its capex forecast to $195-205 billion.
Prediction: Nvidia-backed AI stock Marvell could 10X by 2033The Motley Fool predicts Nvidia-backed Marvell Technology could 10X by 2033. Its fiscal 2026 revenue hit a record $8.2B, up 41% year over year, with data center revenue up 46% to $6.1B, driven by custom silicon demand.
Who drives the AI industry and value chain?Al Jazeera maps the companies and value chain powering AI, highlighting chip designers and makers, data-center infrastructure, and hyperscalers as the industry's foundation. The piece also covers debates over slowing AI development and regulatory responsibility raised by Anthropic's CEO and political actors.
Roundhill CHAT vs State Street XLK ETFThe piece compares two tech ETFs: State Street’s XLK offers low cost (0.08% expense ratio) and concentrated exposure to IT giants (Nvidia, Apple, Microsoft), while Roundhill’s CHAT is a thematic generative-AI fund with a higher dividend (~1.9%). Expense ratio, holdings, and thematic focus are the main trade-offs.
MediaTek monthly sales jump 44% on AI chip momentumBloomberg reports Nvidia-backed MediaTek’s monthly sales rose 44% year‑over‑year, driven by its emerging AI chip business and demand from Alphabet/Google. The figure indicates AI chips are materially boosting incumbent chipmakers’ revenue.
The A.I. Daily