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Burry’s Alibaba Bet Reframes AI Chip Ambitions And Profitability Risks
Michael Burry has reopened a substantial position in Alibaba Group Holding (NYSE:BABA), describing the stock as uniquely undervalued given ongoing regulatory and geopolitical pressures.
Alibaba has introduced its new Zhenwu M890 AI chip, which management says delivers roughly three times the performance of its previous in house AI chip.
These moves bring fresh attention to Alibaba's efforts to build domestic AI hardware and reduce reliance on foreign technology at a time of tighter US export...