Nvidia’s market cap has hit $4.5 trillion, making it the world’s most valuable company, but has traded sideways at $189 since August. Concerns include competition in AI accelerators, export restrictions, production delays, slowing revenue growth, and valuation fatigue. Polymarket predicts Alphabet will surpass Nvidia as the largest company soon.

Alphabet, Google’s parent company, is valued at $3.9 trillion. It leads in AI with Gemini 3 and various chips like Ironwood and Gemma 3. Alphabet’s stock is up 1% YTD and has surged 69% in the past year. Analysts rate it a “Strong Buy” with a mean price target of $368.58.

Alphabet is poised to overtake Nvidia due to diversified revenue streams, AI integration, and growth in Google Cloud. Market optimism is high due to Alphabet’s AI advancements and long-term potential. Analysts forecast 15-20% revenue growth, positioning Alphabet as the “AI engine” for broader applications.

Alphabet’s dominance in AI and Google Cloud, coupled with strong financial performance, have positioned it as a frontrunner to surpass Nvidia in market capitalization. The company’s strategic investments in AI infrastructure, coupled with regulatory advantages, make it a strong contender for long-term supremacy.

Read more at Yahoo Finance: This Stock Will Be Bigger Than Nvidia By the End of 2026