Alphabet Approaches Nvidia's Market Cap at $4.67 Trillion, Up 24% This Year

According to Reuters, as of May 6, Alphabet was valued at approximately US$4.67 trillion, approaching Nvidia’s US$4.79 trillion, as investors back its AI strategy and faster cloud growth. Alphabet shares have risen 24% this year, compared with Nvidia’s 7% gain. Google Cloud revenue surged 63% in the first quarter, its fastest pace since the unit began separate reporting in 2020. Google has also started selling custom AI chips directly to customers, including Anthropic.

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