Google's Cloud Revenue Converges to NVIDIA's Growth Rate
Google Cloud’s AI infrastructure growth and TPU system sales signal stronger competition with NVIDIA in data center compute.
Excerpt
Google Cloud reported 82% YoY growth to $24.8b in Q2 2026, began recognizing revenue from TPU system sales delivered to customer data centers, expanded operating margin to 35.6%, & grew backlog to $514b, with its growth rate converging toward NVIDIA's Data Center segment.
Read at source: https://www.tomtunguz.com/google-cloud-hyperscaler-to-hardware/