Alphabet Beat Nvidia in the First Half of 2026. Here's My Prediction for Which Stock Will Win in the Second Half.

Alphabet outperformed Nvidia in H1 2026, with shares up 14.3% vs. Nvidia's 7.4%, driven by strong Q1 earnings. However, investor concerns are mounting over Alphabet's massive AI infrastructure spending, which reached $80.6 billion in H1 and is projected to hit $200 billion for full-year 2026. The analyst predicts Nvidia will outperform in H2 2026 as hyperscalers continue heavy spending on AI infrastructure.