GOOG is trading 3.9% up at $315.79 in pre-market following the announcement of a major long-term partnership with Broadcom to develop custom Tensor Processing Units (TPUs).
- The infrastructure expansion secures critical hardware for Alphabet's next-generation AI models and strengthens Google Cloud's long-term growth trajectory.
- The surge builds on momentum from April 07's 2.11% close, with GOOG outperforming the broader market despite a general rally in major indices.
- Market sentiment is further bolstered by U.S.-Iran ceasefire optimism, which has pushed the S&P 500 and NASDAQ up 2.52% and 3.30% respectively in pre-market trading.