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Is Alphabet's New Artificial Intelligence (AI) Chip Bad News for AMD and Intel Stock Investors?

Google announced Axion, its new Arm-based CPU, which is meant for tasks including CPU-based artificial intelligence training and inferencing.

By Jose Najarro – Apr 12, 2024 at 9:53AM EST

In today's video, I discuss recent updates affecting Alphabet (GOOGL +1.71%) (GOOG +1.99%). Check out the short video to learn more, consider subscribing, and click the special offer link below.

*Stock prices used were the after-market prices of April 10, 2024. The video was published on April 11, 2024.

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About the Author

Jose Najarro
Jose Najarro enjoys investing in the tech market, more importantly, the semiconductor sector. Before partnering with the Fool, Jose worked as a Senior Electrical Engineer for General Dynamics, where he had first-hand experience seeing how emerging technology can change the world. Jose Najarro went to NJIT, receiving his Bachelor's and Master's degree in Electrical Engineering.
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Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors. Jose Najarro has positions in Alphabet. The Motley Fool has positions in and recommends Alphabet. The Motley Fool has a disclosure policy. Jose Najarro is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.

Stocks Mentioned

Alphabet Stock Quote
Alphabet
NASDAQ: GOOGL
$341.76
(+1.71%)+$5.74
Intel Stock Quote
Intel
NASDAQ: INTC
$68.50
(0.00%)+$0.00
Microsoft Stock Quote
Microsoft
NASDAQ: MSFT
$422.80
(+0.60%)+$2.54
Amazon Stock Quote
Amazon
NASDAQ: AMZN
$250.56
(+0.34%)+$0.86
Advanced Micro Devices Stock Quote
Advanced Micro Devices
NASDAQ: AMD
$278.17
(-0.03%)-$0.09
Nvidia Stock Quote
Nvidia
NASDAQ: NVDA
$201.67
(+1.67%)+$3.32
Alphabet Stock Quote
Alphabet
NASDAQ: GOOG
$339.40
(+1.99%)+$6.63

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

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