Alphabet’s $4.8 trillion valuation gains 26% this year, outpacing Nvidia’s 16% rise amid AI sector scrutiny.
Alphabet’s market capitalization reached $4.8 trillion, closing the gap with Nvidia’s $5.2 trillion valuation. Alphabet’s stock rose 26% this year, compared to Nvidia’s 16% gain, as investors weigh AI growth sustainability.
Nvidia’s dominance faces challenges from increased competition and recent volatility, including an early May sell-off. Alphabet’s diversified revenue streams, including $82 billion from search and $11.3 billion from YouTube, provide stability amid AI sector shifts.
Analysts note Alphabet’s Gemini AI integration across 14 billion daily searches and 1.8 billion Gmail users strengthens its competitive position against OpenAI and other rivals.