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Assessing Alibaba Group Holding (NYSE:BABA) Valuation After Nvidia H200 Chip Approval
Regulators have cleared Alibaba Group Holding (NYSE:BABA) to order Nvidia’s H200 AI chips, which eases prior supply concerns tied to geopolitical tensions and feeds fresh investor interest in the company’s cloud and artificial intelligence ambitions.
See our latest analysis for Alibaba Group Holding.
The Nvidia H200 approval lands after a period of mixed performance, with Alibaba’s 7 day share price return of 6.36% and 30 day share price return of 13.45% contrasting with a 90 day share price...