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Alibaba’s Huawei Chip Move Tests AI Growth And Margin Resilience
Alibaba Group Holding, NYSE:BABA, is reported to be adopting Huawei’s domestically produced 950PR AI chips after positive internal testing.
The move reflects a shift in Alibaba’s AI hardware sourcing as US export restrictions affect access to Nvidia products.
The decision highlights a wider push among Chinese tech firms to rely more on local AI semiconductor suppliers.
Alibaba Group Holding, NYSE:BABA, is trading around $122.69, with returns over the past 30 days showing a 14.9% decline...