Google, thanks to Gemini, surpassed Apple to become the world's second most valuable company.

Alphabet, Google's parent company, has surpassed Apple to become the world's second-largest company by market capitalization, reflecting its emergence as one of the most significant winners in the field of artificial intelligence. Alphabet's stock rose 2.4% on Wednesday, closing at a valuation of $3.89 trillion. This propelled it past Apple, whose market capitalization closed at $3.85 trillion on Wednesday, after Apple's stock experienced a six-day plunge, wiping out nearly 5% of its market value, or about $200 billion. This divergence widened further on Thursday, with Apple opening down 1.2% while Alphabet rose 1.1%. This marks the first time Alphabet's market capitalization has exceeded Apple's since 2019. Nvidia remains the largest stock by market capitalization, valued at approximately $4.6 trillion. Alphabet's recent stock price surge, projecting a gain of over 65% by 2025, makes it the best-performing company among the "Big Seven" US stocks. This strong performance largely reflects a growing market consensus that Alphabet possesses a significant advantage in several key areas of artificial intelligence. The company's latest GeminiAI model has received widespread acclaim, helping to alleviate market concerns about competition from companies like OpenAI; meanwhile, its Tensor Processing Unit (TPU) chip is also seen as a potential major driver of future revenue growth. (Jinshi)