Greg Abel Triples Alphabet Stake to Nearly 7%, Google Developing Custom AI CPUs
Berkshire Hathaway’s incoming CEO Greg Abel has tripled its Alphabet stake to nearly 7% of its $332 billion portfolio, signaling confidence in Alphabet’s AI accelerator chips. Google is among hyperscalers developing custom CPUs for AI while the Vanguard Mega Cap Growth ETF allocates 45.8% to Nvidia, Apple, Alphabet and Microsoft.
1. Greg Abel’s Alphabet Stake Increase
Berkshire Hathaway’s deputy CEO and CEO-in-waiting Greg Abel has tripled the firm’s stake in Alphabet to nearly 7% of its $332 billion portfolio. The move signals a strategic wager on Alphabet’s custom AI accelerator chips, known as TPUs, as potential competition to Nvidia’s GPUs.
2. Google’s Custom CPU Initiative
Google is joining hyperscalers like ByteDance, Amazon and Microsoft in designing bespoke CPUs to fuel AI workloads. By building in-house chips, Google aims to reduce dependence on surging off-the-shelf CPU prices and tailor performance to its internal AI infrastructure.
3. Vanguard ETF’s Heavy Tech Weighting
The Vanguard Mega Cap Growth ETF (MGK) concentrates 45.8% of its assets in four tech giants—Nvidia, Apple, Alphabet and Microsoft. This concentrated allocation underscores significant institutional exposure to Alphabet alongside other AI leaders.
