As reported by Coinotag, Alphabet’s stock surged nearly 30% this quarter following the release of the Gemini 3 AI model and the Ironwood TPU on November 18. The performance of Gemini 3 in industry benchmarks and the external sales potential of TPUs have positioned Google as a leader in the AI race, outpacing competitors like Nvidia and OpenAI. Gemini 3 has matched or exceeded ChatGPT in key tests, while Ironwood TPUs offer improved efficiency for AI workloads. Google plans to sell TPUs externally through Google Cloud, opening new revenue channels. Broadcom, a key supplier of custom chips for Google, has seen its shares rise 65% year-to-date.
Alphabet Stock Surges 30% as Gemini 3 and Ironwood TPUs Outpace Competitors
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