PRESS RELEASE
By: InvestorBrandNetwork (IBN)
May 8, 2025
AINewsBreaks – Alphabet Inc. (NASDAQ: GOOGL) (NASDAQ: GOOG) Set to Benefit as Big Tech AI Spending Surge Lifts Demand for Nvidia Chips
Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG) is one of several tech giants ramping up capital expenditures in 2025 to accelerate artificial intelligence development, reinforcing long-term demand for Nvidia’s AI chips. Alongside Meta, Amazon, and Microsoft, Alphabet is helping drive a projected $300 billion in collective tech infrastructure investment this year. The expanded AI budgets reflect a race to dominate next-gen digital experiences and data center capabilities. For Alphabet, the increased spend strengthens its AI-first approach, including continued development of its Gemini AI model and advanced cloud-based AI services.
Alphabet shares are currently trading around $165.12, down 2.8% following reports of Apple’s potential integration of OpenAI into Safari.
To view the full article, visit https://ibn.fm/OluAb
About Alphabet Inc.
Alphabet is a global technology company and parent of Google, offering services across digital advertising, AI, cloud infrastructure, consumer hardware, and autonomous vehicles. With flagship products like Search, Android, YouTube, and Google Cloud, Alphabet’s mission is to organize the world’s information and make it universally accessible and useful. The company is headquartered in Mountain View, California.
About AINewsWire
AINewsWire (“AINW”) is a specialized communications platform with a focus on the latest advancements in artificial intelligence (“AI”), including the technologies, trends and trailblazers driving innovation forward. It is one of 70+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, AINW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, AINW brings its clients unparalleled recognition and brand awareness.
AINW is where breaking news, insightful content and actionable information converge.
To receive SMS alerts from AINewsWire, text “AI” to 888-902-4192 (U.S. Mobile Phones Only)
For more information, please visit www.AINewsWire.com
Please see full terms of use and disclaimers on the AINewsWire website applicable to all content provided by AINW, wherever published or re-published: https://www.AINewsWire.com/Disclaimer
AINewsWire
Austin, Texas
www.AINewsWire.com
512.354.7000 Office
Editor@AINewsWire.com
AINewsWire is powered by IBN
This press release is distributed by InvestorBrandNetwork (IBN). Blockchain Registration, Verification & Enhancement provided by NewsRamp™. The source URL for this press release is AINewsBreaks – Alphabet Inc. (NASDAQ: GOOGL) (NASDAQ: GOOG) Set to Benefit as Big Tech AI Spending Surge Lifts Demand for Nvidia Chips.