Alphabet generated $8.04 in earnings per share (EPS) during 2024, which places its stock at a price-to-earnings (P/E) ratio of 23.7. That makes it significantly cheaper than Nvidia, Microsoft, and Apple, which trade at an average P/E ratio of 39.7:

Shares of the artificial intelligence (AI) chip leader have been crushed this year, but recent developments suggest the best is yet to come.

Nvidia Corp.’s stock is declining in Monday action as investors weigh the potential for tariffs to impact chip companies and continue to assess the fallout from DeepSeek. Shares of Nvidia are down 3.4% in midday action to rank among the worst performers in the PHLX Semiconductor Index The stock has pared losses with President Trump now saying he has agreed to pause the Mexico tariffs for a month.

Meta Platforms CEO Mark Zuckerberg says the ability to invest heavily in AI infrastructure affords the company a strategic advantage. Microsoft CEO Satya Nadella recently told analysts that demand for AI will increase as the cost to train sophisticated models declines.

Nvidia stock dropped as much as 5% in early trading Monday, extending the prior week’s declines as investors reacted to Trump’s new tariffs. US president Donald Trump on Satur