By Daniel Sparks
Publication Date: 2026-04-04 01:26:00
It is hard to find two companies that have benefited more from the artificial intelligence (AI) boom than Nvidia (NVDA +0.93%) and Alphabet (GOOG 0.15%)(GOOGL 0.57%). And both tech giants have delivered incredible returns over the last few years as investors clamor for exposure to the next era of computing.
But can both stocks keep winning over the long haul? And, more importantly, is one of these two AI stocks a better buy?
Nvidia is the ultimate picks-and-shovels play, selling the hardware that makes artificial intelligence possible. Alphabet, on the other hand, is embedding that technology into an already dominant and diversified ecosystem of software, search, streaming, and cloud computing.
Image source: Getty Images.
Nvidia: unmatched momentum, but cyclical hardware risks
Nvidia’s fundamental performance over the past year has been nothing short of extraordinary. In the company’s fiscal 2026 fourth quarter, revenue skyrocketed 73% year over year to $68.1 billion. Unsurprisingly, its data center segment remains the primary engine, generating $62.3 billion of that total as cloud providers continue to buy AI-capable graphics processing units (GPUs) at a staggering pace.
Today’s Change
(0.93%) $1.64
Current Price
$177.39
Key Data Points
Market Cap
$4.3T
Day’s Range
$171.37 – $177.49
52wk Range
$86.62 – $212.19
Volume
143M
Avg Vol
181M
Gross Margin
71.07%
Dividend Yield
0.02%
Noting the insatiable appetite for the company’s chips in the latest earnings call, Nvidia chief financial…