SemiAnalysis(@SemiAnalysis_):BREAKING: WE KNOW PRODUCTS IS A PART OF GOOGLE CLOUD AND NOT THE MAJORITY OF REVENUE TPUs got sold in the quarter, services margin is a bit weak, but very very strong print

2026.07.22 20:51

BREAKING: WE KNOW PRODUCTS IS A PART OF GOOGLE CLOUD AND NOT THE MAJORITY OF REVENUE TPUs got sold in the quarter, services margin is a bit weak, but very very strong print

SemiAnalysis@SemiAnalysis_

2026.07.22 20:15

BREAKING: GOOGLE CLOUD GENERATES REVENUE PRIMARILY FROM THE SALE OF TPU SYSTEMS! $GOOG Google Cloud has shifted from being a cloud to a hardware vendor, and this quarter was the first time they said "primarily" with meaningful language change. Is this Google bowing out of the race as they shift to becoming an NVIDIA competitor versus a hyperscaler? More on the call soon 🤞