Alibaba unveiled the Zhenwu V900, China's most powerful AI chip, offering triple the performance of its predecessor. The company plans to expand Alibaba Cloud's data center capacity to over 20 gigawatts by 2032 to meet soaring AI demand. Alibaba is also developing advanced AI models, aiming for a model with up to 10 trillion parameters. These moves come amid rising US-China AI competition and follow similar expansions by Western tech firms like Nvidia and Meta.
Alibaba's stock price on Pluang is currently USD 117.26, showing a 1.30% increase as of Sep 22, 2026 21:42 WIB. The company holds a market cap of $285.40 billion with a dividend yield of 0.91%, while most Pluang investors are buying Alibaba shares, with 66% of order activity favoring buys.
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Alibaba's stock rose 4% following the launch of its Zhenwu V900 AI chip, which claims to triple the performance of its previous chip and aims to fill the void left by NVIDIA due to U.S. export restrictions in China. The chip, designed by Alibaba's se...
Alibaba announced its new AI chip, the Zhenwu V900, which offers three times the performance of its predecessor, and plans to expand its global data center capacity to over 20 gigawatts by 2032. This move aims to strengthen Alibaba Cloud's position i...
Shares of Alibaba, PDD, and JD.com rose on Friday, with Alibaba leading a 3% gain amid a broader uptick in Chinese internet stocks despite a weak overall market. This move appears driven by sector rotation rather than company-specific news, as Alibab...
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