Alphabet’s share price gained 2.9% after Google revealed a multi-year agreement to manufacture one million Tensor Processing Units (TPUs) for Anthropic through 2026. The deal, worth about $1.4 billion, enhances Google Cloud’s position as a large-scale AI infrastructure provider and intensifies competition with Nvidia in advanced compute supply. Executives said the collaboration will accelerate development of frontier AI models using optimized power-efficient chips. Analysts viewed the announcement as strategically vital to Google’s bid to expand AI partnerships while diversifying its semiconductor manufacturing ecosystem.