"Shares in Alphabet Inc (Nasdaq: GOOG), the company better known as Google, are rising again in premarket trading today. The stock is currently up by more than 4% following yesterday's rise of 6.2%. If those gains hold, Google could be set to become the world's next company with a $4 trillion market cap today. Here's what you need to know. Shares in Alphabet have had a stellar run as of late."
"Yesterday, they rose more than 6.2%. Over the past five days, they have been up more than 11.5%. Over the past month, they have jumped more than 22%. And over the past six months, they have been up more than 87%. And that's before today's further 4% gain in premarket trading. So why is Alphabet's share price jumping recently, particularly over the past week? There's one big reason: artificial intelligence. But the company's boost from AI is the result of two different factors."
Alphabet's shares have climbed sharply, rising over 6.2% yesterday, more than 11.5% in the past five days, 22% in the past month, and about 87% over six months, with additional premarket gains pushing toward a possible $4 trillion market capitalization. The surge is driven primarily by artificial intelligence, led by the launch of Gemini 3, a proprietary LLM praised for speed and capabilities and quickly integrated into Search. Investor optimism also stems from reports that Meta may deploy Google's tensor processing units (TPUs) in its 2027 data centers, a deal that could be worth billions and signals confidence in Google's AI infrastructure versus Nvidia.
Read at Fast Company
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