Shares in Google par­ent Alpha­bet rose yes­ter­day after the tech giant avoided a court order requir­ing it to be broken up fol­low­ing a rul­ing that it had cre­ated an illegal mono­poly.

Judge Amit Mehta said the threat to Google’s search engine posed by arti­fi­cial intel­li­gence chat­bots was cru­cial to his decision to impose a less oner­ous set of require­ments on it.

The US Depart­ment of Justice had argued that Google should have to sell its Chrome browser and, if neces­sary, its Android oper­at­ing sys­tem, after win­ning a land­mark judg­ment last year that the com­pany main­tained an illegal mono­poly in online search.

The order falls short of the most extreme out­comes feared by investors, such as a full ban on advert­ising rev­enue share deals with the likes of Apple.

Shares in Google par­ent Alpha­bet rose almost 7 per cent in New York trad­ing, while Apple gained about 3 per cent.

Dan Ives, ana­lyst at Wed­bush Secur­it­ies, said Tues­day’s order was a “massive win” for the two com­pan­ies.