Google CEO Sundar Pichai gestures to the crowd during Google’s annual I/O developers conference in Mountain View, California on May 20, 2025.
Camille Cohen | Afp | Getty Images
Google parent company Alphabet has become the fourth member of the $4 trillion club.
Alphabet shares popped about 1% Monday, after Apple said it had picked Google’s Gemini to be the foundation for its artificial intelligence models and the next generation of Siri.
The search company joins Nvidia, Microsoft and Apple as the few companies that have crossed the $4 trillion mark.
Both Nvidia and Microsoft topped the $4 trillion milestone for the first time in July, while Apple crossed the threshold for the first time in October. Since then, however, Apple and Microsoft have dropped well below the $4 trillion line.
Alphabet one-day stock chart.
Alphabet’s entry into the elite club comes after the company ended 2025 as one of the top performers on Wall Street. Its shares jumped 65% in 2025, Alphabet’s sharpest rally since 2009, when the stock doubled coming out of the financial crisis.
The search company has been on the rise after putting together the pieces for its AI comeback and overcoming key regulatory hurdles last year. In November, the company unveiled Ironwood, the seventh generation of its tensor processing units, a custom AI chip that has emerged as a potential alternative to Nvidia’s offerings. Then in December, Google introduced Gemini 3 to rave reviews.
Despite OpenAI’s ChatGPT and Sora services capturing an increasing amount of consumer engagement and concerns swirling around the future of online advertising in a world of AI chatbots and agents, Alphabet has managed to ward off fears that its most innovative days are in the past.
In a Jan. 8 note, analyst Deepak Mathivanan upgraded Alphabet’s stock.
“We believe the technological advantages of the Gemini assistant app — powered by Google’s ‘grounding’ assets — vs. ChatGPT (powered by Bing and partner integrations) are underappreciated,” Mathivanan wrote. Google “arguably, has the strongest footprint across several layers in the AI tech stack, and the company’s decade-long investments have enabled deep competitive moats.”
Citi analysts named Google a top internet pick for its 2026 outlook in a recent note. Analysts said 70% of Google Cloud customers use its AI products, adding “Google has the chip, the infrastructure capacity, and the model amid growing demand.”
WATCH: Alphabet tops Apple in market cap as Google turns Gmail into a Gemini-powered AI hub
