Woofun AI reports that Alphabet shares climbed 2.8% on Monday, reversing a prior 6.5% decline and pushing the price above $356. This movement increased the combined net worth of co-founders Larry Page and Sergey Brin by approximately $15 billion, with Page now valued at $292.4 billion and Brin at $269.7 billion. The surge coincides with reports that Alphabet is developing the "Frozen v2" AI chip, which engineers project will deliver up to 10 times higher energy efficiency than previous generations. Deployment is planned for as early as 2028 to address internal computing constraints. With Q2 earnings due Wednesday, analysts project revenue of $117.1 billion and capital expenditures near $45 billion.