Google stock
On May 31, 2026, Alphabet Inc. announced a strategic pivot in its semiconductor business, confirming it will begin selling its proprietary Tensor Processing Units (TPUs) directly to select enterprise customers for use in their own data centers. This move shifts Alphabet's model from a cloud--exclusive rental service to a direct hardware provider, positioning the company to compete more aggressively with Nvidia in the AI accelerator market. Analysts suggest this expansion into the $900 billion AI infrastructure sector could significantly enhance Alphabet's long--term valuation and diversify its revenue streams.