After Seven Years, Google's Market Value Surpasses Apple Again

Glonghui, January 8th｜Google’s market capitalization has surpassed Apple’s for the first time since 2019. As of the close on Wednesday, Google’s market cap stood at $3.88 trillion, while Apple’s was $3.84 trillion. This reversal in ranking highlights the divergence between Google and Apple in their artificial intelligence strategic directions. Google wrapped up 2025 as one of Wall Street’s best-performing tech stocks. In November, the company launched its seventh-generation Tensor Processing Unit, Ironwood, a custom AI chip expected to become a viable alternative to Nvidia’s products. In December, Google’s Gemini 3 received unanimous praise from the industry. Meanwhile, since OpenAI ignited the AI race in the tech industry with the launch of ChatGPT at the end of 2022, Apple has essentially been absent from this competition. Apple originally planned to launch a new generation of its Siri AI assistant last year but ultimately delayed the release. This week, Wall Street investment bank Raymond James downgraded Apple’s rating, stating that the company will face difficulties achieving growth in 2026.