Is Alphabet a leader in artificial intelligence?

Yes, Alphabet Inc. is rapidly becoming seen as the leader in almost every major part of the artificial intelligence industry.

What are Alphabet's expected financial results?

Alphabet's earnings are expected to show revenue growth of 17%, with earnings per share projected to be up 23%.

How is Alphabet's stock performing?

Alphabet's stock has surged to an all-time high, nearing Nvidia's market capitalization, and its valuation is at its highest level in 18 years.

Home / Business and Economy / Alphabet's AI Dominance: Earnings to Prove Worth

Alphabet's AI Dominance: Earnings to Prove Worth

4 Feb

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Summary

Alphabet leads AI, with strong cloud and chip businesses.
Stock nears Nvidia's value; valuation at 18-year high.
Earnings expected to show 17% revenue and 23% EPS growth.

Alphabet's AI Dominance: Earnings to Prove Worth

Alphabet is increasingly recognized as a leader across major artificial intelligence sectors. Its financial results, due after market close on Wednesday, February 4, 2026, are anticipated to validate this reputation and sustain stock momentum. The tech giant has experienced a significant turnaround, now boasting a highly regarded AI model, advanced semiconductors, and a booming cloud-computing division.

This strong performance has propelled Alphabet's share price to an all-time high, placing it close to surpassing Nvidia in global market capitalization. The company's valuation has also reached its highest level in 18 years, leading to exceptionally high expectations for its upcoming earnings report. Revenue is projected to grow by 17%, with earnings per share expected to increase by 23%.

Key growth drivers include its latest Gemini AI model, released in November 2025, and its Tensor Processing Unit (TPU) semiconductors, which are a significant selling point for Google Cloud. The company's broader strategy involving TPUs and cloud services enhances its differentiation in the market. Beyond AI, Alphabet's thriving businesses include YouTube and its autonomous driving unit, Waymo, which recently raised $16 billion.