Evercore ISI estimates that sales of Google’s TPUs to outside customers could generate $113 billion in 2028; Google also offers cloud-based access to the chips.
Evercore ISI estimates potential revenue from external customers at $75 billion in 2027, rising to $113 billion the following year. Those figures are projections for sales to outside customers, not confirmed revenue totals.
Google Cloud began recording revenue tied to TPU system sales during the quarter that closed June 30. The company also offers cloud-based access to the chips.
