Waymo Emerges as Silent AI Catalyst in Alphabet’s Growth Narrative
Alphabet's stock resurgence hinges on dual AI drivers: its Gemini 3-powered Search dominance and the underrated maturation of Waymo. The self-driving unit, once mired in regulatory limbo, now represents a tangible growth vector as commercialization accelerates.
Google's proprietary TPU chips have shifted from technical footnotes to strategic assets, alleviating investor concerns about Nvidia dependence. This infrastructure advantage compounds with Waymo's scaling potential—a rare case of moonshot technology transitioning into measurable business impact.