GOOG is trading at $313.70 (+3.21%) in after-hours following a major long-term agreement with Broadcom to develop and supply custom Tensor Processing Units (TPUs).
- The partnership secures critical AI hardware infrastructure for next-generation models and Google Cloud growth.
- The move signals increased confidence in Alphabet's competitive positioning amid intensifying competition in enterprise AI infrastructure.
- Shares are extending gains from a strong regular session close of +2.11%.