Rate Of Return$Alphabet(GOOGL.US) The AI trade is shifting focus from semiconductor companies to those that can monetise AI effectively, with Alphabet Inc gaining prominence. Alphabet's first-quarter revenue rose to $110 billion, driven by significant growth in Google Cloud while they continue to invest and innovate in their TPUs. It is still too early for companies to shift away from Nvidia's chips but if Alphabet is able to create a similar ecosystem like Nvidia's chips, they could take away a significant portion of the AI chips market share. Besides, Google is also thriving in other sectors like autonomous driving, with Waymo successfully launching thousands of rides. Right now, investors are mostly interested in whichever companies are able to monetise AI effectively. @Bridge Buzz SG
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