Alphabet’s inventory rises as doable Meta chip deal highlights new twist within the AI commerce
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Meta Platforms investors may not know how to feel about the Facebook parent company’s stepped-up artificial-intelligence investments lately, but Alphabet investors seem to be liking the sound of them.
Shares of Alphabet
GOOG GOOGL rose 2.7% in after-hours trading Monday, toward fresh highs, after The Information reported that Meta META was considering outfitting its data centers with perhaps billions of dollars’ worth of custom chips from Google.