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Should Nvidia Be Looking Out for Alphabet?

Alphabet is progressing on its own AI accelerator chips.

By Parkev Tatevosian, CFA – Jul 29, 2024 at 5:00AM EST

Fool.com contributor Parkev Tatevosian discusses what these product advancements could mean for Alphabet (GOOG 2.49%) (GOOGL 2.30%) and Nvidia (NVDA 2.13%) stock investors.

*Stock prices used were the afternoon prices of July 25, 2024. The video was published on July 27, 2024.

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About the Author

Parkev Tatevosian, CFA
A Fool since 2019, and a graduate of Cal State LA with a B.S. in Finance and M.A. in Economics. Parkev is an adjunct professor of Finance and enjoys reading about financial and economic history. You'll often find him writing about stocks in the consumer goods and technology sectors.
TMFParkev
X@TMFParkev

Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors. Parkev Tatevosian, CFA has positions in Alphabet. The Motley Fool has positions in and recommends Alphabet and Nvidia. The Motley Fool has a disclosure policy.

Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.

Stocks Mentioned

Nvidia Stock Quote
Nvidia
NASDAQ: NVDA
$167.59
(-2.13%)-$3.66
Alphabet Stock Quote
Alphabet
NASDAQ: GOOGL
$274.47
(-2.30%)-$6.45
Alphabet Stock Quote
Alphabet
NASDAQ: GOOG
$273.76
(-2.49%)-$6.98

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

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