Ge Long Hui·2025-11-26 08:05Core Insights - Google Cloud has secured an AI cloud contract with NATO, which will provide a dedicated secure cloud system to ensure sensitive data is accessed only domestically and will utilize AI to assist NATO in data analysis and operational efficiency [1] - Reports indicate that Google is vying for a multi-billion dollar TPU order from Meta, with the potential integration of Google's TPU into Meta's data centers starting in 2027 [1] - These developments highlight Google's commitment to seizing market opportunities, reinforcing its leadership in AI and potentially alleviating investor concerns regarding competition [1] Company Positioning - The report suggests that major tech companies like Google are well-positioned for sustainable development in AI [1] - There is an expectation for Google to expand its business beyond search advertising, with significant unrealized valuation potential in cloud services, autonomous driving, and AI+SaaS sectors [1] - The investment rating for Alphabet has been maintained as "Buy," with the target price raised from $360 to $390 [1]