Alright, let's get real. Another day, another tech stock goes parabolic on AI fumes. This time it's Broadcom (AVGO), up over 11% on Monday. Why? Because Alphabet (GOOGL) (GOOG) finally coughed up Gemini 3, their latest ChatGPT killer—or so they claim.
The Benioff Hype Train is Leaving the Station
Salesforce CEO Marc Benioff, bless his heart, is already tweeting that Gemini 3 is superior to OpenAI's offering. Reasoning, speed, images, video... the whole shebang. Give me a break. It's like clockwork. Every tech CEO suddenly becomes an AI expert the second their stock needs a jolt.
Superior? Really? Have you used it, Marc? Or are you just regurgitating the marketing spiel? And why should we believe a word coming out of Salesforce after that whole Slack debacle? Talk about vaporware promises...
TPUs and the Art of Profiteering
The connection is simple, offcourse. Broadcom helps make Alphabet's custom-designed tensor processing units (TPUs). These TPUs are supposed to accelerate AI workloads and are used by Alphabet for its own AI stuff and offered to Google Cloud customers. So, Gemini 3 needs TPUs, TPUs need Broadcom, Broadcom's stock goes up. Got it? Good.
It's all one big, incestuous circle of tech companies patting each other on the back and raking in the dough. Meanwhile, the average Joe is still trying to figure out how to use the self-checkout at the grocery store.
And, of course, Why Broadcom Stock Soared Today - The Motley Fool recommends Alphabet, Salesforce, and Broadcom. Shocker.
The Real Question Nobody's Asking
But wait a minute. Is Gemini 3 actually good? Or is this just another overhyped AI chatbot that'll be obsolete in six months? Because let's be real, the AI landscape is changing faster than my socks. One minute it's all about large language models, the next it's something completely different.
And what about Nvidia (NVDA)? Are they just sitting on their hands while Broadcom steals their lunch money? I doubt it. Something tells me Jensen Huang has a few tricks up his sleeve. Don't even get me started on AMD (AMD).
The broader point is this: these stock jumps are based on potential. Potential demand, potential revenue, potential world domination. It's all smoke and mirrors until we see actual, tangible results. And even then... well, remember the metaverse?
So, What's the Real Story?
This whole thing stinks of manufactured hype. Google needs a win, Broadcom needs a boost, and Wall Street is more than happy to play along. But let's not pretend this has anything to do with actual innovation or making the world a better place. It's about money. Always has been, always will be.