Alphabet, the parent company of Google, has surpassed Apple to become the second most valuable company in the world. This milestone was reached as Alphabet’s market capitalization soared to $4 trillion for the first time, fueled by increasing investor confidence in the company’s artificial intelligence (AI) initiatives.
The surge in value marks a significant shift, with Alphabet overtaking Apple in market capitalization for the first time since 2019. This places Alphabet second only to Nvidia, which currently holds the top spot with a market cap of $4.486 trillion.
The renewed focus on AI technologies has been credited with driving Alphabet’s growth, dispelling previous doubts surrounding the company’s strategic direction. Investors are increasingly optimistic about Alphabet’s ability to capitalize on the rapidly expanding AI market.
While Apple now sits in third place, its market capitalization remains substantial at $3.835 trillion. Microsoft also remains a key player, holding a market value of approximately $3.558 trillion. These companies continue to be part of an elite group exceeding the $3 trillion valuation mark.
Rounding out the top companies by market capitalization are Amazon at $2.644 trillion, TSMC at $1.686 trillion, Broadcom at $1.656 trillion, Meta at $1.630 trillion, Aramco at $1.564 trillion, and Tesla, which secures the tenth position with a market cap of $1.490 trillion. Berkshire Hathaway holds a market value of $1.074 trillion. The shifting landscape highlights the dynamic nature of the global technology market and the growing importance of AI in driving corporate value.
