Google Overtakes Apple to Become the Second Highest Valued Company Globally with Gemini's Rise

According to Jinshi reports, Google's parent company Alphabet has surpassed Apple to become the second highest valued company globally, reflecting Alphabet's emergence as one of the most prominent winners in the field of artificial intelligence. Alphabet's stock price rose by 2.4% on Wednesday, closing with a valuation of $3.89 trillion. This surpasses Apple, whose market value closed at $3.85 trillion on Wednesday after experiencing a nearly 5% drop in stock price over six consecutive days, resulting in a market value loss of approximately $200 billion. On Thursday, this divergence widened further, with Apple opening down by 1.2% and Alphabet rising by 1.1%. This marks the first time since 2019 that Alphabet's market value has exceeded Apple's. Nvidia remains the largest valued stock with an estimated valuation of around $4.6 trillion. Alphabet's stock price has surged recently, with a growth of over 65% by 2025, making it the top performer among the 'Big Seven' in the US stock market. This strong performance largely reflects the growing consensus in the market that Alphabet has excellent advantages in multiple key areas of artificial intelligence. The company's latest GeminiAI model has received widespread acclaim, helping alleviate concerns about competition from companies like OpenAI; at the same time, its Tensor Processing Unit (TPU) chips are seen as a potential significant driver of future revenue growth.

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