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Alphabet Dips 0.4% to $362.26 as Gemini Co-Lead Noam Shazeer Departs for OpenAI — Google Once Paid $2.7B to Bring Him Back

Alphabet shares slipped 0.4% to $362.26 in premarket trading after Noam Shazeer, the Gemini AI co-lead credited with closing the gap on ChatGPT, announced he is leaving Google to join rival OpenAI. Google reportedly paid $2.7 billion less than two years ago to bring Shazeer and his Character.AI team back into the fold, making his exit a fresh test of the company's ability to retain top AI talent. The move comes as Alphabet raised its planned equity sales to $84.75 billion.

Intel Surges 70% in 2026 as Terafab Partnership and Google AI Deal Cement Semiconductor Comeback

Intel has emerged as one of the S&P 500's most dramatic turnaround stories in 2026, with its stock gaining approximately 70% year-to-date after confirming its role in Elon Musk's Terafab AI chip megafab initiative and deepening a strategic AI partnership with Google Cloud. Analysts have raised price targets as high as $92, though the stock currently trades at a stretched forward P/E of around 94 times, reflecting high expectations for future earnings growth.