Evercore raises Alphabet estimates on potential TPU hardware sales (GOOG:NASDAQ)
Evercore ISI reiterated its Outperform rating and $450 price target on Alphabet, projecting that external sales of Google's (GOOG) artificial intelligence chips could generate $75 billion in revenue in 2027 and $113 billion in 2028. PT represents about a 30% upside
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Evercore raises Alphabet estimates on potential TPU hardware sales (GOOG:NASDAQ) Why it matters: AI News is moving the AI stack right now, and this update helps explain what changed for builders. Source: Biztoc https://a2zai.ai/bytes/evercore-raises-alphabet-estimates-on-pot...
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