GOOGL news for week 16

Google in Talks With Marvell for Custom AI Chips

Reuters reported that Google is in early discussions with Marvell Technology to develop new custom AI chips focused on inference, intensifying competition with Nvidia. This move underscores Google's strategy to reduce reliance on external suppliers and optimize costs for large-scale AI workloads. The partnership, if finalized, could strengthen Marvell's position in the AI semiconductor market while giving Google more control over its AI infrastructure.

AI Earnings Season and Market Context

Several articles highlight that April 2026 is a pivotal earnings season for AI stocks, with Alphabet's results expected to set the tone for the sector. A machine learning algorithm predicts GOOGL stock price on April 30, suggesting near-term volatility. Amid a broader "Great Rotation" that has crushed growth stocks, analysts argue that historical patterns favor buying growth stocks like Alphabet during such pullbacks, reinforcing a long-term bullish view.

Alphabet's Long-Term Growth and Valuation Thesis

Multiple analysts label Alphabet a top growth stock for the long haul, citing its dominant position in AI, cloud computing, and digital advertising. Shares are up 7% year-to-date, and discussions on whether to buy, sell, or hold emphasize its undervaluation relative to peers. Billionaire Ray Dalio is reportedly betting big on AI stocks including Alphabet, further signaling institutional confidence in the company's trajectory.

Potential Benefits From a SpaceX IPO

A Motley Fool article identifies Alphabet as the big tech stock with the most to gain from a potential SpaceX IPO, given Google's existing investment in SpaceX and its cloud partnership. If SpaceX goes public, Alphabet could see a significant boost in its portfolio value and strategic cloud business ties. This angle adds a unique catalyst beyond core AI and advertising growth.

Analyst Recommendations and Trade Strategies

Several pieces from Benzinga and Motley Fool provide trade strategies for GOOGL alongside other mega-cap stocks, often recommending accumulation on dips. Articles like "Forget Timing the Market" and "2 Millionaire-Maker Stocks" include Alphabet as a core long-term holding. The consensus remains that Alphabet is a smart stock to buy now for patient investors, despite mixed short-term sentiment.