Technical analysis by KhanhC.Hoang about Symbol GOOGLX: Buy recommendation (7/30/2024)

Google has also introduced **Axion**, a powerful custom chip designed for data centers. Here are the key details: 1. **Purpose**: Axion is Google's **first custom Arm-based CPU** specifically designed for data centers. 2. **Performance**: It delivers **industry-leading performance and energy efficiency**. 3. **Use Cases**: Axion can handle various tasks, including **Google searches** and **AI operations**. 4. **Comparison**: - Axion outperforms the fastest general-purpose Arm-based instances available in the cloud today by **up to 30%**. - It also provides **up to 50% better performance** and **up to 60% better energy efficiency** compared to current-generation x86-based instances¹. 5. **Deployment**: Google has already started deploying services like **BigTable, Spanner, BigQuery, Blobstore, Pub/Sub, Google Earth Engine**, and the **YouTube Ads platform** on current-generation Arm-based servers and plans to scale these services on Axion soon¹. In summary, Axion represents a significant step forward in custom silicon for Google's data centers, enhancing performance and efficiency across various workloads¹. 🚀 Source: Conversation with Copilot, 7/30/2024 (1) Introducing Google’s new Arm-based CPU | Google Cloud Blog. cloud.google.com/blog/products/compute/introducing-googles-new-arm-based-cpu. (2) Google unveils a new custom chip to supercharge tasks like search and .... androidcentral.com/phones/google/google-unveils-update-to-ai-chip. (3) Google Announces Its First Arm-Based Custom Chip Axion - Investopedia. investopedia.com/google-announces-its-first-arm-based-custom-chip-axion-8628764. (4) Google Cloud Unveils Custom Arm AI Chip. Nvidia Stock Falls - MSN. msn.com/en-us/news/technology/google-cloud-ai-event-kicks-off-with-arm-palo-alto-news/ar-BB1lknCm.