
Alphabet's 160% rally over a year reflects the value of owning 'most of the AI stack'
Alphabet shares have rallied roughly 160% over the past year, making it one of the best-performing names in the Magnificent Seven group. CNBC reports investors are increasingly pricing in the company's vertical reach across TPU chips, Gemini models and Google Cloud. The integrated stack is positioning Alphabet at the front of the AI race.
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