Alphabet Overtakes Apple in Market Value After 5 Years, AI Drive Fuels Historic Shift

• Alphabet's market value ($3.88 trillion) surpassed Apple's ($3.84 trillion) for the first time since 2019.
• The shift is attributed to Alphabet's aggressive AI strategy, including the launch of Ironwood AI chips and Gemini 3 model.
• Alphabet's stock surged 65% in 2025, its sharpest rise since 2009, driven by investor confidence in its AI advancements.
• Apple's shares have been declining, and its AI initiatives, like a "more personal Siri," are perceived as slower to market.
• The market is currently rewarding companies rapidly advancing in AI, making it a key "scoreboard" for tech valuation.

Why It Matters: Alphabet's market value now exceeds Apple's, signaling AI's critical role in tech company valuation.