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2026-01-12T16:10:41.467Z
Alphabet’s recent stock price surge pushed its valuation to more than $4 trillion on Monday. Google’s parent company’s stock soared 65% last year amid a broader rally in AI. This is the first time in about seven years that the company’s stock price exceeded Apple’s in terms of market capitalization.
Another tech giant has joined this $4 trillion club.
Alphabet became the fourth company to reach a $4 trillion valuation on Monday, validating the huge hype surrounding AI that has propelled the tech giant into the stratosphere. Shares rose as much as 2% before the rally.
Alphabet joins Nvidia, Microsoft, and Apple in the elite club of the world’s most valuable companies.
The jump to an all-time high on Monday came after Apple announced it had selected Google’s Gemini to power the iPhone maker’s AI capabilities in its devices.
“Apple and Google have entered into a multi-year partnership in which the next generation of Apple Foundation Models will be based on Google’s Gemini model and cloud technology. These models will help power future Apple Intelligence capabilities, including a more personalized Siri coming this year,” the companies said in a statement.
CNBC first reported news of the deal.
The search giant has unveiled its latest Gemini 3 AI model to rave reviews. The gains leapfrogged competing models from OpenAI and other rivals that are trying to chip away at Google’s advantage.
Google’s full-stack advantages have also won investors’ trust. While Google is mass distributing AI through search, YouTube, and other popular products, its TPU chips are proving to be a major threat to Nvidia’s AI chip monopoly.
Alphabet’s recent stock price surge also marks the first time the company has surpassed Apple’s valuation in seven years. Apple’s market capitalization was hovering around $3.8 trillion on Monday.
Google’s parent company’s stock has soared 65% in 2025 and is up 3% year-to-date.
