Alphabet Q2 EPS and revenue increased, with AI chip demand driving Broadcom's upbeat revenue forecast. Tech giants' indirect emissions rose 150% in three years as AI expanded. Google works hard to earn user trust, according to CEO Sundar Pichai. The company also secured an agreement with Chile to deploy a trans-Pacific submarine cable.
Broadcom (AVGO) reported a strong second quarter, with revenue climbing 20% year-over-year (YOY) to $15 billion, driven by a 46% increase in AI semiconductor revenue [2]. The company's stock price surged 1.86% to $286.03, with analysts forecasting a 1.12% upside to $288.97 [2]. Meanwhile, Alphabet Inc. (GOOGL) also experienced growth, with its earnings per share (EPS) and revenue increasing. The company secured a deal with Chile to deploy a trans-Pacific submarine cable and is working to earn user trust, as stated by CEO Sundar Pichai [3].
The demand for AI chips has significantly impacted Broadcom's performance, with the company's extensive reach in the cloud and hyperscale data center industry making it a key player in the growing adoption of AI. Analysts predict Broadcom could achieve a $1 trillion market cap by 2028, given its robust growth and the expanding use cases for generative AI [1]. However, investors should consider both the upside and downside risks when evaluating Broadcom's stock, as indicated by GuruFocus estimates [2].
Tech giants like Amazon (AMZN) and Microsoft (MSFT) have seen their indirect emissions rise 150% over the past three years as AI expanded, highlighting the environmental impact of AI's growth [3]. Despite these challenges, tech companies are working to mitigate their carbon footprint, with Google, for instance, aiming to become carbon neutral by 2030.
References:
[1] https://www.aol.com/1-unstoppable-stock-could-join-000200378.html
[2] https://www.ainvest.com/news/broadcom-q2-revenue-surges-20-yoy-15-billion-ai-semiconductor-revenue-46-yoy-2507/
[3] https://www.marketbeat.com/instant-alerts/filing-alphabet-inc-nasdaqgoogl-stock-holdings-increased-by-fort-sheridan-advisors-llc-2025-07-19/
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