Meta (META) is developing its own chips, similar to Alphabet.
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Why Is Alphabet Stock Soaring? | GOOG Stock Deep Dive Part 1
May 6, 2026
Alphabet's stock price surged following strong quarterly financial results, outperforming other major tech stocks. The company's search business grew 19% driven by AI features, and its cloud segment saw accelerated revenue growth of 63%, exceeding $20 billion for the first time. Alphabet's robust backlog and advancements in its chip business are key drivers of investor excitement.
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Amazon (AMZN) is developing its own chips, similar to Alphabet.
Microsoft's (MSFT) backlog is less valued by investors due to its connection to OpenAI.
Alphabet (GOOG) stock is a buy due to strong search growth, thriving cloud segment, and advanced chip business.
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GOOGbuy opened May 6, 2026
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