semiconductor / news / / Benzinga
Alibaba shares climbed 11% this week after the company announced plans to list its chip unit, T-Head.
Alibaba will list its chip unit, T-Head, fueling an 11% share price increase this week.
KEY POINTS
- Alibaba uniquely spans chips, AI models, and cloud services, differentiating it from peers.
- Despite AI initiatives, Tencent's stock gained only 2% as investors doubt its AI model upgrades.
- Alibaba's EPS estimate for May 2026 earnings is $1.12, down from $1.73 YoY.
COMPANIES
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