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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.
This post was originally published on Market Watch
