After the release of Gemini 3, a powerful language model by Google, Wall Street has made its move. While OpenAI and Nvidia were previously leading the charge, Alphabet’s stock is soaring, outpacing competitors like Microsoft and Tesla. Investors are now prioritizing Google’s potential in AI technology, with shares jumping nearly 30% this quarter alone. This shift comes alongside a new wave of revenue opportunities for Google with its TPUs – custom chips designed for Artificial Intelligence – as it seeks to sell these directly to companies outside of Google Cloud. This strategic move has positioned Google as the frontrunner in the AI race, potentially upending the industry’s established order.