Google's New AI Chip Aims to Address $462 Billion Backlog in Google Cloud

Alphabet (GOOG) is addressing compute capacity constraints impacting its growing Google Cloud segment, which has a backlog of $462 billion. The company plans to deploy the Frozen v2 chip by 2028, aiming for significant improvements in efficiency and performance over current TPUs.

By Rich Duprey Tue, July 21, 2026 at 4:52 PM GMT+3 4 min read · Yahoo Finance · July 21, 2026, 13:52 UTC

Google's New AI Chip Aims to Address $462 Billion Backlog in Google Cloud

Tickers: $GOOG $META

Topics: AI compute capacity Google Cloud semiconductors

Read the full article at Yahoo Finance

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