GOOGL Stock Dips Premarket After Breakout Week: Analyst Says Google Developing Next-Gen AI Chip With MediaTek

AI Infrastructure, Product, Hardware

Neutral

Source:

Jun 22, 2026, 4:09 AM EDT

Alphabet (GOOGL) is reportedly developing a next-generation AI chip, internally referred to as "Triggerfish," in partnership with MediaTek. According to analyst Ming-Chi Kuo, the chip will feature a substantial memory upgrade and support next-generation HBM4E memory technology.

The new chip design is said to allow more active workloads to remain on-chip, a development that could enhance the efficiency and performance of Google's AI infrastructure. GOOGL shares dipped in premarket trading following a strong prior week.

Why it matters

Advancing proprietary AI chip capabilities could reduce Alphabet's dependence on third-party silicon suppliers and strengthen its competitive position in AI infrastructure. The MediaTek partnership and HBM4E memory support signal a meaningful step forward in Google's custom hardware strategy.

Key facts

Google is reportedly developing a next-gen AI chip codenamed 'Triggerfish' with MediaTek • The chip will support next-generation HBM4E memory, per analyst Ming-Chi Kuo • Design allows more active workloads to remain on-chip • GOOGL shares dipped in premarket trading following a breakout week

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informational content only; not investment, legal, tax, or financial advice
frmr.finance is just for fun
news updated once/hour
times are all US ET

© 2026 frmr.finance

informational content only; not investment, legal, tax, or financial advice
frmr.finance is just for fun
news updated once/hour
times are all US ET

© 2026 frmr.finance