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Alphabet’s external TPU revenue forecast rises to $104 billion by 2028

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  • Piper Sandler raised its Alphabet price target to $400 and retained an Overweight rating.
  • $104 billion is the firm’s forecast for Alphabet’s external TPU revenue in 2028.
  • Alphabet’s Q2 2026 earnings reached $9.11 per share against a $2.87 consensus.
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