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Alphabet surges toward Nvidia valuation as AI bet and cloud profits spark a No 1 chase
Business
Published on 5 May 2026
Investors are betting on custom chips next
Alphabet is closing the gap on Nvidia’s valuation after a sharp rally powered by AI momentum and a strong cloud business. The jump puts Google’s parent company in position to reclaim the No 1 spot, signaling growing investor confidence in its ongoing AI investments and the push toward custom chip development.
- Alphabet’s stock rally is narrowing Nvidia’s lead in valuation
- AI progress and cloud strength are driving investor confidence
- Custom chip development is adding to the upside narrative
- Google parent could retake the world’s top company ranking soon
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times