Morgan Stanley significantly increased its forecast for Alphabet's ($GOOGL) TPU sales, projecting 12 million units by 2027-2028, nearly double its prior estimate. Each 500,000 TPUs sold could add $13 billion in revenue and $0.40 to $GOOGL EPS in 2027 alone, indicating substantial upside potential for Alphabet as its custom AI chips gain traction. While Nvidia ($NVDA) CEO Jensen Huang emphasizes Nvidia's broader versatility, the revised TPU forecast suggests a strong competitive play by Google in the AI hardware market.