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Benzinga
Benzinga
Business
Piero Cingari

Nvidia's Dominance Tested — Is Alphabet Stealing The AI Spotlight?

Nvidia Alphabet Vivek Arya Nasdaq NVDA Alphabet Inc Google Artificial Intelligence Gemini Google Cloud
Nvidia Alphabet dall-e

The AI chip war is intensifying, and it's no longer just about speed. Alphabet Inc. (NASDAQ:GOOGL) just delivered one of its strongest stock performances in years, riding a wave of investor excitement over next-gen AI models and a powerful in-house chip that now threatens Nvidia Corp.‘s (NASDAQ:NVDA) once-uncontested dominance in the artificial intelligence arms race.

Alphabet shares outperformed Nvidia by an eye-popping 30 percentage points in November, marking their most dominant one-month excess return since 2017.

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