#ai股持续上涨还有哪些投资机会
AI stocks keep rising, and I haven’t sold my Google holdings for now.
My reason for holding Google is simple: model capabilities are getting closer and closer, while user entry points are much harder to replicate.
Google has Search, YouTube, Android, Chrome, Workspace, and Cloud. Gemini doesn’t need to start from zero to find users—it can plug directly into products that billions of people use every day.
According to Alphabet’s Q2 earnings report, Google Search revenue grew 17% year over year, while Cloud revenue grew 82%; Gemini’s monthly active users have already reached 950 million, and the model processes about 22 billion API tokens per minute.
These numbers at least suggest that AI has not yet crushed Google’s existing business; instead, it has started to create new demand for Search and Cloud.
My thesis for Google’s position is divided into three layers:
The first layer is Search and YouTube, which continuously generates cash flow.
The second layer is Cloud, TPU, and enterprise AI—serving the compute and model needs of technology companies.
The third layer is Gemini, Android, and Workspace—bringing AI to everyday users.
Compared with companies that focus on building models alone, Google has chips, cloud, and models, and it also controls user entry points and ad monetization. Once AI truly moves into the consumer side, this closed loop will become increasingly important.
Of course, I’m watching two risks: whether AI answers will reduce click-through rates for search ads, and whether the ongoing growth in data center investment can translate into sufficient profits.
AI stocks overall are already at relatively high levels, so I won’t keep chasing after a short-term rally. I’ll hold the current position and wait for new earnings reports to validate the growth.
I’d rather view Google as an AI platform stock with mature cash flow. As long as Search doesn’t show clear slowdown, and Cloud and Gemini continue growing, this thesis still holds.
Do you think Google will become the biggest entry point in the AI era, or will it gradually lose Search market share to new generations of AI products?
$GOOGLB #Google #AI股 #美股 #币安bStocks
AI stocks keep rising, and I haven’t sold my Google holdings for now.
My reason for holding Google is simple: model capabilities are getting closer and closer, while user entry points are much harder to replicate.
Google has Search, YouTube, Android, Chrome, Workspace, and Cloud. Gemini doesn’t need to start from zero to find users—it can plug directly into products that billions of people use every day.
According to Alphabet’s Q2 earnings report, Google Search revenue grew 17% year over year, while Cloud revenue grew 82%; Gemini’s monthly active users have already reached 950 million, and the model processes about 22 billion API tokens per minute.
These numbers at least suggest that AI has not yet crushed Google’s existing business; instead, it has started to create new demand for Search and Cloud.
My thesis for Google’s position is divided into three layers:
The first layer is Search and YouTube, which continuously generates cash flow.
The second layer is Cloud, TPU, and enterprise AI—serving the compute and model needs of technology companies.
The third layer is Gemini, Android, and Workspace—bringing AI to everyday users.
Compared with companies that focus on building models alone, Google has chips, cloud, and models, and it also controls user entry points and ad monetization. Once AI truly moves into the consumer side, this closed loop will become increasingly important.
Of course, I’m watching two risks: whether AI answers will reduce click-through rates for search ads, and whether the ongoing growth in data center investment can translate into sufficient profits.
AI stocks overall are already at relatively high levels, so I won’t keep chasing after a short-term rally. I’ll hold the current position and wait for new earnings reports to validate the growth.
I’d rather view Google as an AI platform stock with mature cash flow. As long as Search doesn’t show clear slowdown, and Cloud and Gemini continue growing, this thesis still holds.
Do you think Google will become the biggest entry point in the AI era, or will it gradually lose Search market share to new generations of AI products?
$GOOGLB #Google #AI股 #美股 #币安bStocks
