Alibaba Stock Jumps. Builds AI Data Center Without Nvidia Chips [Yahoo! Finance]
Alibaba Group Holding Limited American Depositary Shares each representing eight Ordinary share (BABA)
Last alibaba group holding limited american depositary shares each representing eight ordinary share earnings: 2/13 06:45 am
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Source: Yahoo! Finance
Telecom are building a data center in southern China using the company's own semiconductors. The facility will feature 10,000 of Alibaba's Zhenwu chips, designed for AI training and inferencing. The cluster can support AI models with hundreds of billions of parameters, the South China Morning Post reported. Warning! GuruFocus has detected 5 Warning Signs with BABA. Is BABA fairly valued? Test your thesis with our free DCF calculator. The move appears to be part of China's push to develop domestic AI infrastructure as competition with U.S. rivals intensifies. Alibaba has been designing its own chips through its T-head unit and is also a major cloud computing provider in China. The development comes as the U.S. has restricted China's access to key semiconductor technology, including AI chips from Nvidia (NVDA). Those restrictions may have accelerated China's efforts to develop home-grown alternatives, according to the report.
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BABA
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- 3/19/26 - Beat
BABA
Sec Filings
- 4/8/26 - Form 6-K
- 4/3/26 - Form 4
- 4/3/26 - Form 4
- BABA's page on the SEC website