Alphabet第二季度財報有效緩解了市場對AI熱潮可持續性的最新一輪擔憂。美國科技巨頭在數據中心基礎設施上的大規模支出，持續推動亞洲晶片製造商的產品價格上漲和利潤創新高。Evercore ISI分析師指出，Alphabet基本達到了市場的高預期，這對AI交易構成正面信號。日本半導體設備商Advantest和Lasertec也表現亮眼。
Google自主研發張量處理器（TPU）的計劃提振了被視為受益者的相關公司股價，包括聯發科，投資者正在AI早期龍頭如輝達之外尋找新的贏家。彭博行業研究分析師認為，Alphabet的TPU與垂直整合策略為其帶來成本優勢，預計該公司在2027年的資本支出上將比其他超大規模雲端業者更為積極，其自研晶片優勢正有力支撐獲利能力。
Asian semiconductor stocks rallied broadly after Alphabet announced plans to spend up to $200 billion this year on AI computing infrastructure, reigniting optimism about trickle-down benefits across the chip supply chain. Memory maker SK Hynix surged as much as 6.5% in Seoul, while Taiwanese chip designer MediaTek gained up to 5.2%. A Bloomberg gauge of Asian chip shares extended its rebound for a third consecutive day after sliding into bear-market territory last week.
Alphabet's second-quarter earnings helped ease the latest wave of concerns about the sustainability of the multi-year AI rally. Massive spending on data center infrastructure by US tech giants continues to drive product price increases and record profits for Asia's chipmakers. Evercore ISI analyst Mark Mahaney noted that Alphabet largely cleared the high bar set by expectations, calling it a positive read-through for the AI trade. Japanese chip-equipment makers Advantest and Lasertec were also among notable advancers.
Google's plans to develop its own tensor processing units have boosted shares of companies seen as beneficiaries, including MediaTek, as investors search for new winners beyond early AI leaders like Nvidia. Bloomberg Intelligence analysts noted that Alphabet's TPU and vertical integration strategy underpins a cost advantage over other foundation-model providers, and the company will likely be more aggressive than other hyperscalers in raising capital spending for 2027, as its custom-silicon advantage continues to support profitability.