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Alphabet (GOOGL) Hits Record High on AI Optimism

Alphabet (GOOGL) Hits Record High on AI Optimism

Author:

Global Cryptocurrency

Published:

2025-11-24 03:49:01

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Alphabet stock closed at a record $299.66, up 3.56%, marking a 59% year-to-date gain. The rally reflects growing confidence in Google's AI roadmap, cloud resilience, and Gemini 3's outperformance in coding benchmarks. OpenAI's Sam Altman acknowledged Google's lead, noting its 17% edge in instruction handling.

Google's new Tensor Processing Unit—30x more efficient than its 2018 predecessor—positions it to capture enterprise AI demand. The chip advancement could accelerate adoption of Google Cloud's infrastructure services.

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