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$GOOG is only $0.5T away from surpassing $NVDA
Crazy how fast narratives can change
A year ago, $NVDA was expected to dominate every aspect of AI, while $GOOG was seen as vulnerable to disruption from AI
Now it’s $GOOG that is eating into ChatGPT’s share, and the Street views it as being at parity with $NVDA when it comes to hardware
I think both still have upside left for the year, but the Mag 7 is not where I’d look for opportunities at the moment