business / news / / Finbold
Alphabet is closing in on semiconductor giant Nvidia in the race to become the world’s most valuable public company.
Alphabet's market cap gap with Nvidia has narrowed to about $188 billion.
KEY POINTS
- Google Cloud revenue surged 63% year-over-year to over $20 billion in Q1 2026.
- Alphabet's custom TPU development gives it exposure across the entire AI stack.
- Waymo's rapid expansion is providing Alphabet a new growth engine beyond ads and cloud.
- Alphabet's cloud backlog is estimated at $460 billion, boosting investor optimism.
COMPANIES
Summarized by Newsio from Finbold. How we summarize →