Alphabet (GOOGL) Places An Order With Intel To Manufacture More Than Three Million Tensor Processing Units In 2028

Alphabet (GOOGL) Places An Order With Intel To Manufacture More Than Three Million Tensor Processing Units In 2028 Faheem Tahir Sat, June 13, 2026 at 7:59 PM GMT+2 2 min read GOOG INTC With a profit margin of 37. 92% and net income of $132. 17 billion (FY25), Alphabet Inc.

(NASDAQ: GOOGL ) ranks among the most profitable blue chip stocks to buy according to hedge funds . Meanwhile, analysts see 16. 70% upside for the stock.

Alphabet (GOOGL) Places An Order With Intel To Manufacture More Than Three Million Tensor Processing Units In 2028 That standing is backed by results that continue to impress. In late April, Alphabet Inc. (NASDAQ:GOOGL) reported total revenue of $109.

9 billion, up 22% year-over-year. Google Cloud grew 63% to $20 billion, its best growth rate since the segment began reporting separately in 2020, with cloud operating income tripling to $6. 6 billion.

The unit’s backlog nearly doubled quarter-over-quarter to $460 billion, pointing to sustained demand ahead. Most recently, Alphabet Inc. (NASDAQ:GOOGL) is drawing fresh attention on the chip front as well.

On June 8, 2026,  Reuters  reported that Alphabet Inc. (NASDAQ:GOOGL)’s Google has placed an order with Intel to manufacture more than three million tensor processing units in 2028, citing  The Information . The potential order would bolster Intel’s contract chip manufacturing business as it works to compete with Taiwan’s TSMC, whose capacity constraints have pushed several major AI chip designers to explore alternatives.

D. A. Davidson analyst Gil Luria noted that Google and Nvidia are especially motivated to support Intel given the current administration’s push for U.

S. -based manufacturing. Following that report, on June 9, 2026, TD Cowen analyst John Blackledge raised the firm’s price target on Alphabet Inc.

(NASDAQ:GOOGL) to $475 from $450, keeping a “Buy” rating. The firm lifted its long-term Google Cloud estimates following a capacity and cloud AI revenue analysis, and expects Google’s data center capacity to rise more than tenfold from 2022 to 2031. TD also expects cloud margins to rise steadily.

Alphabet Inc. (NASDAQ:GOOGL) is a holding company that operates Google services, including search engines, ad platforms, Internet browsers, devices, mapping software, app stores, video streaming, and more. The company also offers cloud infrastructure and platform services, collaboration tools, and other services for enterprise customers, as well as healthcare-related services and internet services.

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