We're putting an AI giant in the Bullpen — not letting a mistake cloud our judgment (www.cnbc.com)

Alphabet is re-entering the spotlight after launching Gemini 3, its latest large language model, which has set a new benchmark for AI capabilities. Initially, concerns regarding the pace of Google’s AI development and regulatory pressures led to a withdrawal from investing in the company. However, the release of Gemini 3, which utilizes custom silicon developed in partnership with Broadcom for enhanced efficiency, positions Google as a formidable competitor against OpenAI’s ChatGPT. This shift emphasizes the potential revenue opportunities from these chips, as interest from other companies increases. Moreover, a favorable court decision allowed Google to maintain its Chrome browser and continue its lucrative search partnership with Apple, which enhances the chances that Google could become the underlying technology partner for Apple's upcoming Siri upgrade. With OpenAI facing significant financial pressures amidst ambitious data center expansion plans, Google's strong cash flow could lend substantial stability and innovation potential with Gemini at its helm, making Alphabet a compelling tech investment once more.