One Artificial Intelligence (AI) Stock That Could Make You a Millionaire

Core Viewpoint - There is ongoing debate about the existence of an artificial intelligence (AI) bubble, but even if it exists and bursts, it does not imply that AI stocks will become worthless, similar to the impact of the dot-com crash on the internet [1] Group 1: AI Market Dynamics - Many AI companies are expected to not only survive a potential bubble burst but also thrive, presenting significant investment opportunities [2] - Alphabet, the parent company of Google, is emerging as a leader in the AI sector, particularly with its generative AI product, Google Gemini, which is gaining market share in the enterprise large language model (LLM) space [5][6] Group 2: Market Share and Competition - Google Gemini currently holds 21% of the LLM market, while ChatGPT has a 27% share that is declining; it is anticipated that Gemini may surpass ChatGPT this year [6] - Anthropic's Claude LLM leads with 40% market share, but it also relies on Alphabet's tensor processing unit (TPU), indicating Alphabet's influence in the AI hardware and software sectors [6][7] Group 3: Financial Performance - For 2025, Alphabet reported revenues of $402.8 billion, a 15% increase from 2024, with operating income nearing $130 billion and an operating margin of 32% [8] - Earnings per share (EPS) for Alphabet surged by 34% in 2025, reaching $10.81 [8] Group 4: Capital Expenditure Concerns - Wall Street has expressed concerns regarding Alphabet's anticipated capital expenditure of $175-$185 billion for 2026, which exceeds analyst expectations due to the high costs associated with building and maintaining data centers [9]