Google Surpasses Apple to Become World's Second Most Valuable Company with Gemini

Odaily News Alphabet, Google's parent company, has surpassed Apple to become the world's second most valuable company by market capitalization, reflecting that Alphabet has emerged as one of the most significant winners in the field of artificial intelligence. Alphabet's stock price rose 2.4% on Wednesday, closing with a valuation of $3.89 trillion. This propelled it past Apple, which closed Wednesday with a market capitalization of $3.85 trillion; Apple's stock had previously suffered a six-day consecutive plunge, wiping out nearly 5% of its value, equivalent to approximately $200 billion. This divergence widened further on Thursday, with Apple opening down 1.2% while Alphabet rose 1.1%. This marks the first time since 2019 that Alphabet's market capitalization has exceeded Apple's. Nvidia remains the stock with the largest market capitalization, valued at approximately $4.6 trillion. Alphabet's stock has surged recently, gaining over 65% during 2025, making it the best performer among the "Magnificent Seven" US stocks. This strong performance largely reflects a growing market consensus that Alphabet holds excellent advantages across multiple key areas of AI. The company's latest Gemini AI model has received widespread acclaim, helping to alleviate market concerns about competition from companies like OpenAI; simultaneously, its Tensor Processing Unit (TPU) chips are also seen as a potentially major future driver of revenue growth. (Jin10)