Alphabet joined Apple and Microsoft, who had previously succeeded in three -trillion lines, while the world leader in capitalization, the manufacturer of Nvidia chips is currently approximately $ 4.25 trillion.
The Google Mother’s company, Alphabet, on Monday on the first time history reached a market capitalization of $ 3 trillion, Reuters reports. Growth has taken place against the background of investors in artificial intelligence and a desired antimonopoly court decision in the United States.
Overall, since the beginning of the year, the alphabet sharing has increased by more than 32%, making the company the most successful representative of these “large seven” of technological corporations.
An additional impetus for the alphabet is a court decision that allows the company to maintain control of the Chrome browser and the Android operating system. This is an important success after many years of monopolization accusations. Although Google is obligated to share the data share with competitors in the advertising market, the company’s main ownership remains unchanged, which has increased serious fear of investors.
The financial report also strengthened the positive moods: the cloud alphabet unit recorded almost 32% of income growth in the second quarter, which exceeds forecasts due to investment in its own processors and the development of Gemini artificial intelligence model.
We will remind you, earlier it was reported that “Google Tax” brought the budget over 7.2 billion.
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Source: korrespondent
I’m Liza Grey, an experienced news writer and author at the Buna Times. I specialize in writing about economic issues, with a focus on uncovering stories that have a positive impact on society. With over seven years of experience in the news industry, I am highly knowledgeable about current events and the ways in which they affect our daily lives.