Finbold·2025-12-11 13:12Group 1: Stock Performance - Alphabet (Google's parent company) has seen its stock increase by 68.69% over the past 12 months, significantly outperforming Nvidia's 36.89% growth during the same period [1] - The S&P 500 index has risen by 13.81%, with Apple at 12.35%, Microsoft at 7%, Meta at 4.80%, Tesla at 3.49%, and Amazon at 1.9% [2] Group 2: Competitive Landscape - Google is emerging as a strong competitor to Nvidia in the AI space, particularly with its Tensor Processing Units (TPUs) outperforming Nvidia's Graphics Processing Units (GPUs) in benchmarks [3] - Reports of Meta exploring multibillion-dollar deals with Google led to a significant $250 billion drop in Nvidia's market value [4] - Google plans to more than double its TPU output by 2028, which may further impact Nvidia's market position [4] Group 3: Technology and Market Dynamics - Nvidia's GPUs are still favored for AI training due to their flexibility and established presence in the industry, while Google primarily uses TPUs for internal applications [5] - Despite Google's strong stock performance, AI developers remain cautious about switching to Google's chips, as it could disrupt their reliance on Nvidia's data center business [6] - The novelty of Google's products has contributed to its stock's outperformance relative to the S&P 500 [6]