AMD and Alphabet are both raking in record revenue, but AMD’s growth is surging ahead—spiking 38% YoY in Q1 2026, forecasted to hit $11.2B with 45% growth in Q2. Their AI-powered chips and big deals with Microsoft and Anthropic fuel this momentum. Alphabet, meanwhile, drives cash from ads, cloud, and gadgets, with Google Cloud up 82% YoY and 1B+ monthly users—still expanding, just at a slower pace.
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