Google's Gemini: AI Data Center Market Boom
Update: 2025-12-22
Description
The global AI data center market is booming, with a projected growth rate of 31.6% by 2030. Googles new Gemini three Flash release is at the forefront of this expansion, driving faster and more efficient AI for data centers. Wall Street is bullish on Alphabet, with a price target of $400, representing a 25% upside. The company has secured a Pentagon contract and a partnership with NextEra Energy, among others. Recent earnings show strong performance, with third-quarter net income of $35 billion and earnings per share beating estimates by 27%. Analysts predict steady gains for Google Cloud, driven by Geminis real-world wins.
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