Prediction: 2 AI Stocks Will Be Worth More Than Nvidia and Palantir Technologies Combined by 2028

Key Points

• Nvidia and Palantir Technologies are collectively worth $4.9 trillion; Amazon and Alphabet could exceed that figure by the end of 2028.

• Amazon’s cloud AI services are driving revenue growth, and internal generative AI tools are making the company more profitable.

• Alphabet’s Google Cloud is gaining market share in cloud computing due in part to demand for custom AI chips and Gemini models.

• 10 stocks we like better than Amazon ›

Nvidia is the world’s most valuable company, with a market capitalization of $4.5 trillion. Meanwhile, Palantir Technologies is worth $400 billion. That brings their collective valuations to $4.9 trillion. I think Amazon (NASDAQ: AMZN) and Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG) can top that figure by 2028. Here’s what that implies for shareholders:

• Amazon is worth $2.6 trillion. The stock must add about 92% for the company’s market value to hit $5 trillion. Reaching that level by the end of 2028 implies annual returns of 24% over the next three years.
• Alphabet is worth $3.9 trillion. The stock must add about 28% for the company’s market value to hit $5 trillion. Reaching that level by the end of 2028 implies annual returns of 9% over the next three years.

Here’s what investors should know about Amazon and Alphabet.

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