# Google's parent company, , was the clear winner, rising by a whopping 10%.

*business · news · 2026-05-04 · Investing.com*

## Key points

- Google Cloud's revenue surged 63% to over $20 billion, its fastest growing business line.
- Google Cloud's backlog nearly doubled in one quarter to $462 billion, benefitting Broadcom's TPU chips.
- Google plans to sell its custom TPUs to select customers for data center deployment, creating new demand.
- Google explicitly forecast a significant CapEx increase in 2027, favoring Broadcom's future outlook.
- Meta indicated ongoing underestimation of AI compute needs, hinting at higher chip demand for Broadcom.

**Companies:** Google, Amazon.com, Microsoft, Broadcom, Meta
**Countries:** United States

[Read the full story on Investing.com](https://www.investing.com/analysis/bigtech-earnings-google-and-metas-results-support-broadcoms-outlook-200679643)

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