Three Google TPU suppliers ride the wave, stocks experience explosive growth

In 2019, the U.S. Department of Justice launched an antitrust lawsuit against Alphabet, seeking to break up Google in order to disrupt its dominance in the search engine sector. The outcome of the lawsuit had raised numerous concerns in the market about Alphabet’s future. Many predicted that Google would face prolonged legal and financial pressure. However, in September 2025, a judge ruled in favor of Alphabet. Although Google was required to terminate exclusive search agreements with certain companies, it did not result in the company being split up, and Google’s main businesses, such as the Android system and Chrome browser, would continue to remain under Alphabet. This verdict greatly boosted investor confidence.

In the artificial intelligence race, Alphabet (Google’s parent company) had long been considered a follower. Since OpenAI launched the open-source conversational AI ChatGPT in 2022, Google seemed to be at a disadvantage, with many believing that Google’s powerful search engine and autonomous vehicle businesses could no longer compete with OpenAI and Tesla. However, by 2025, Alphabet not only successfully turned the tables but also became a global leader in the AI sector. This change had a positive impact not only on Alphabet’s shareholders but also on the overall direction of the AI ecosystem.

In November, Alphabet launched its latest AI model, Gemini 3. This AI model not only outperformed OpenAI’s latest version in tests but also won widespread acclaim in the industry for its outstanding performance and accuracy. Most importantly, Gemini 3’s training did not rely on Nvidia’s GPUs but instead used Google’s self-developed Tensor Processing Unit (TPU). The TPU is a chip specifically designed for AI computing power, offering advantages and higher efficiency compared to traditional GPUs. This breakthrough not only gave Google a stronger technological edge over OpenAI but also allowed it to regain the commanding heights in the AI field.

Beyond AI models, Alphabet’s progress in autonomous driving technology is also noteworthy. Waymo, Alphabet’s autonomous driving technology division, has always maintained the belief that its self-driving vehicles are safer than human drivers. Today, Waymo’s autonomous fleet is already in operation in several cities and continues to expand, surpassing the threats from competitors like Tesla. Waymo’s success is not only reflected in its mature technology but also in its ability to use big data and AI to make more precise predictions and controls, thereby improving safety and efficiency. As autonomous driving technology matures, Alphabet’s influence in the transportation sector will become even stronger.

Alphabet’s success in AI is not an isolated phenomenon. With the spread of Gemini technology, many suppliers partnering with Google have also seen explosive growth. The following are three Google TPU partners, purely for market observation and not investment advice.

Broadcom: (NASDAQ:AVGO) Exclusive chip supplier for Gemini

When discussing Gemini’s success, Broadcom cannot be ignored. This semiconductor design giant plays a crucial role in Google’s AI infrastructure. The training of the Gemini model relies entirely on Broadcom’s self-developed TPU chips rather than traditional GPUs. As a simplified version of the GPU, the TPU focuses on AI computing and can deliver higher computational efficiency. As Google’s exclusive partner, Broadcom is responsible for manufacturing TPU chips and profits from it. In 2025, Broadcom’s stock price rose by over 60% to a record high, signaling its huge potential in the AI field.

TTM Technologies: (NASDAQ:TTMI) Printed Circuit Board (PCB) Manufacturer

As Google rapidly expands in the AI sector, the demand for hardware infrastructure has also grown. TTM Technologies, a leading company focusing on high-density PCB design, is an important partner for Google in building data centers. These high-density PCBs support Google’s TPU chips and address the high heat issues in server operations. TTM Technologies’ stock price surged nearly 170% in 2025, indicating explosive future demand in the AI sector.

Celestica: (NYSE:CLS) Key supplier of server racks and switches

Celestica is a company that provides customized server racks and Ethernet switches for Google. As a key supplier of Google’s AI infrastructure, Celestica is responsible for producing and delivering the Trillium TPU racks needed for Gemini data centers. This company, with a thirty-year history, has significantly increased its market valuation through its partnership with Google. Its stock price has risen 220% year-to-date. It is expected that in 2026, Celestica’s revenue will grow 55% compared to 2025, highlighting the huge business opportunities in Google’s AI infrastructure expansion.

In 2025, Alphabet successfully staged a comeback to become the global leader in the AI sector, challenging the positions of OpenAI and other competitors. Whether in technological innovation in AI, autonomous driving applications, or deep cooperation with suppliers, Alphabet has demonstrated its unrivaled strength in future technologies. For investors, Alphabet’s success means not only huge returns for the company itself but also great potential for its partners.

This article “Three Google TPU Suppliers Ride the Wave, Stocks See Explosive Growth” first appeared in Chain News ABMedia.