Alphabet’s AI Comeback Intensifies Investor Fears Around Nvidia’s Future Dominance
In the modern technology landscape, no race is more consequential than the global battle for leadership in artificial intelligence infrastructure. Over the past two years, the rapid proliferation of generative AI workloads, foundation models, and hyperscale deployment environments has elevated Nvidia to one of the most powerful companies in the world. But even as Nvidia continues to post record-breaking earnings, a subtle yet profound shift is emerging — a shift driven not by a start-up challenger, but by one of Nvidia’s own biggest customers: Alphabet. The latest analysis from Melius Research suggests that Alphabet may be staging an “AI comeback” … Read more
