Google grew its TPU stockpile by about $7 billion in the past year

Data Center Dynamics reports Google has increased the value of its TPU inventory by roughly $7 billion over the past year, as the company moves toward selling TPUs outright rather than only leasing access through Google Cloud.

Why it matters: Selling TPUs directly rather than keeping them as a cloud-only advantage would put Google in more direct competition with Nvidia for external AI chip customers, a notable strategic shift as hyperscalers look for leverage against Nvidia's dominant position.