"New Stock God" Serenity: Google's $80 billion financing may benefit upstream ecosystem companies such as Micron and TSMC

BlockBeats news, on June 2, the "new stock god" Serenity posted that it was unexpected that Google's parent company Alphabet would need to raise $80 billion in AI capital expenditure financing, with Berkshire Hathaway participating in supporting hyperscale cloud service providers' AI infrastructure construction. This financing includes a $40 billion ATM offering program, $30 billion stock and related securities issuance, as well as a $10 billion investment from Berkshire Hathaway.

Serenity believes that Alphabet's expansion of AI capital expenditure may benefit upstream ecosystems, including supply chain companies such as Lumentum (LITE), Broadcom (AVGO), MediaTek, TSMC (TSM), and Micron (MU). However, he also noted that for Alphabet shareholders, since such large-scale capital spending is not fully supported by free cash flow, the impact may not necessarily be positive.