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: Alphabet has a strong vertical ecosystem. Its Gemini model is highly competitive. Tensor Processing Units (TPUs) allow Alphabet to train and execute AI at a lower cost than companies that rely on external hardware.

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: Google Cloud's AI-driven growth has increased by over 40% year-over-year. 4. Taiwan Semiconductor Manufacturing Co. (TSM) The Play : The "picks and shovels" foundry. : Alphabet has a strong vertical ecosystem