Top 5 Stocks to Buy and Hold for the Long Term

​4. Alphabet Inc. (NASDAQ:GOOGL)

Number of Hedge Fund Holders: 265

Alphabet Inc. (NASDAQ:GOOGL) is one of the Top Stocks to Buy and Hold for the Long Term. On June 11, Reuters reported that Google is reportedly in discussions with Samsung Electronics to manufacture part of its next-generation AI processor.

As per the report, the prospective plan involves a split manufacturing approach, where TSMC would produce the main computing component of the chip, while Samsung may handle a separate piece that connects the processor to memory, using its advanced 2-nanometer production technology. Moreover, Reuters also noted that Alphabet Inc. (NASDAQ:GOOGL) is also working with MediaTek on the design. However, mass production is not expected until 2028.

​This move suggests that Google is making efforts to reduce its reliance on TSMC, which is already struggling to keep pace with surging AI demand and could become a bottleneck for the industry.

Separately, Google is also reportedly in talks with Intel to manufacture over three million TPUs in 2028, further diversifying its chip supply chain. The company’s in-house TPU chips are increasingly seen as a credible alternative to Nvidia’s dominant processors, and have become a key growth driver for its cloud business.

Alphabet Inc. (NASDAQ:GOOGL) is a holding company that operates Google services such as search engines, ad platforms, Internet browsers, devices, mapping software, app stores, video streaming, and more. The company also offers cloud infrastructure and platform services, collaboration tools, and other services for enterprise customers, as well as healthcare-related services and internet services.