Alphabet(US:GOOGL) 智通财经网·2025-11-27 02:09Group 1 - Google is reportedly in discussions with Meta to sell its Tensor Processing Units (TPUs), which could moderately enhance its sales and profitability according to Morgan Stanley [1] - Morgan Stanley's sensitivity analysis indicates that selling approximately 500,000 TPUs could add $13 billion (about 11%) to Google's cloud revenue forecast for 2027 and approximately 3% ($0.37) to its earnings per share for the same year [1] - The potential acceleration of Google's cloud business growth and expansion in the semiconductor market may support a higher valuation multiple for the company [1] Group 2 - The impact of Google's push to sell TPUs on other semiconductor companies is significant, with Broadcom expected to benefit, while the effects on Nvidia and AMD are minimal [2] - Google has spent around $20 billion on Nvidia products compared to only a few billion on TPUs, indicating a shift in spending may occur, but the competition in the AI model space will remain intense [2] - The ongoing competition in large language models (LLMs) is expected to continue, with no clear "winner takes all" scenario anticipated, as scaling laws remain effective [2]