Alphabet's AI Chip Bonanza Boosts Google Cofounders' Fortunes by $15 Billion The Alphabet rally on Monday brought a welcome respite to investors who had seen the tech giant's shares dip over the previous two sessions.
The 2. 8% surge in stock prices, which pushed above $356 as of Monday morning, injected a combined $15 billion into the coffers of cofounders Larry Page and Sergey Brin.
At the heart of this sudden boost is a new AI chip codenamed "Frozen v2.