Core Viewpoint - Alphabet Inc. (NASDAQ:GOOGL) has seen a significant share price increase of 66% over the past year, reinforcing its position as a leading technology company, with a focus on its custom AI chips and AI platform Gemini [2]. Group 1: Stock Performance - Alphabet Inc.'s shares have gained 66% over the past year [2]. - Canaccord Genuity raised the share price target for Alphabet Inc. to $390 from $330, maintaining a Buy rating [2]. - Wolfe Research increased the share price target to $380 from $350, keeping an Outperform rating [2]. Group 2: Product Developments - The firm's custom AI chips, known as TPUs, are reported to offer a cost advantage over NVIDIA's AI processors [2]. - The AI platform Gemini has been highlighted as a key factor for long-term optimism regarding Alphabet Inc.'s prospects [2]. Group 3: Competitive Landscape - Jim Cramer noted the rivalry between Alphabet Inc. and NVIDIA, emphasizing the significant investments Alphabet has made in high-bandwidth memory [3].