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Benzinga

Business

Anusuya Lahiri

Alibaba And SMIC Power Beijing's Bid To End Reliance On Nvidia And ASML

BABA Alibaba SMIC ASML Nvidia Beijing China Unicom FT China Artificial Intelligence

Alibaba Group Holding Limited

Alibaba Group Holding Ltd. (NYSE:BABA) shares advanced in premarket trading Wednesday after reports that the company secured China Unicom as a major client for its artificial intelligence chips.

The move underscores Beijing’s push to build domestic alternatives as U.S. export restrictions cut off access to Nvidia Corp.’s (NASDAQ:NVDA) most advanced accelerators.

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Top stories on inkl right now

India's 'cockroach' movement chief detained ahead of major protest

India's 'cockroach' movement chief detained ahead of major protest

Police detained dozens of protesters, including movement leaders, in the Indian capital on Saturday as authorities deployed thousands of security personnel, suspended transport and telecommunications services, and imposed sweeping restrictions to thwart a youth-led demonstration demanding the resignation of the country's election chief.

Hurricane Isaias makes landfall, hammering US Gulf Coast with powerful winds and dangerous flooding

Hurricane Isaias makes landfall, hammering US Gulf Coast with powerful winds and dangerous flooding

Hurricane Isaias made landfall near Destin, Florida, leading to power outages and flooding in Alabama. More than 594,000 customers lost electricity, and many areas experienced road blockages from debris. The storm's conditions raised concerns about tornadoes and storm surges throughout the impacted region. Emergency responses were activated, with evacuations and…

The Economic Times

San Luis Obispo County's First 2026 Measles Case Puts Arroyo Grande ER and Clinic Visitors on Watch

San Luis Obispo County's First 2026 Measles Case Puts Arroyo Grande ER and Clinic Visitors on Watch

San Luis Obispo County confirmed its first 2026 measles case, with exposures at an Arroyo Grande ER and a SLO clinic. Check dates and symptoms.

Three men found guilty of murders of Australian surfer brothers and US friend in Mexico

Three men found guilty of murders of Australian surfer brothers and US friend in Mexico

Australian brothers Jake and Callum Robinson, 30 and 33, and friend Carter Rhoad, 30, were killed on a surfing trip in 2024

The Guardian - AU

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Powerful 7.7-magnitude earthquake strikes Panama and triggers panic in capital

Powerful 7.7-magnitude earthquake strikes Panama and triggers panic in capital

The quake caused buildings and roads to collapse but the country appeared to escape widespread destruction or deaths

The Guardian - US

Washington Confirms Its First H5N1 Bird Flu Cases in Dairy Cattle, Placing Two Yakima County Farms Under Quarantine

Washington Confirms Its First H5N1 Bird Flu Cases in Dairy Cattle, Placing Two Yakima County Farms Under Quarantine

Washington confirmed its first H5N1 bird flu cases in dairy cattle at two Yakima County farms. What it means for milk, farmworkers, and families.

Related Stories

Top stories on inkl right now

India's 'cockroach' movement chief detained ahead of major protest

India's 'cockroach' movement chief detained ahead of major protest

Police detained dozens of protesters, including movement leaders, in the Indian capital on Saturday as authorities deployed thousands of security personnel, suspended transport and telecommunications services, and imposed sweeping restrictions to thwart a youth-led demonstration demanding the resignation of the country's election chief.

Hurricane Isaias makes landfall, hammering US Gulf Coast with powerful winds and dangerous flooding

Hurricane Isaias makes landfall, hammering US Gulf Coast with powerful winds and dangerous flooding

Hurricane Isaias made landfall near Destin, Florida, leading to power outages and flooding in Alabama. More than 594,000 customers lost electricity, and many areas experienced road blockages from debris. The storm's conditions raised concerns about tornadoes and storm surges throughout the impacted region. Emergency responses were activated, with evacuations and…

The Economic Times

San Luis Obispo County's First 2026 Measles Case Puts Arroyo Grande ER and Clinic Visitors on Watch

San Luis Obispo County's First 2026 Measles Case Puts Arroyo Grande ER and Clinic Visitors on Watch

San Luis Obispo County confirmed its first 2026 measles case, with exposures at an Arroyo Grande ER and a SLO clinic. Check dates and symptoms.

Three men found guilty of murders of Australian surfer brothers and US friend in Mexico

Three men found guilty of murders of Australian surfer brothers and US friend in Mexico

Australian brothers Jake and Callum Robinson, 30 and 33, and friend Carter Rhoad, 30, were killed on a surfing trip in 2024

The Guardian - AU

One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

Powerful 7.7-magnitude earthquake strikes Panama and triggers panic in capital

Powerful 7.7-magnitude earthquake strikes Panama and triggers panic in capital

The quake caused buildings and roads to collapse but the country appeared to escape widespread destruction or deaths

The Guardian - US

Washington Confirms Its First H5N1 Bird Flu Cases in Dairy Cattle, Placing Two Yakima County Farms Under Quarantine

Washington Confirms Its First H5N1 Bird Flu Cases in Dairy Cattle, Placing Two Yakima County Farms Under Quarantine

Washington confirmed its first H5N1 bird flu cases in dairy cattle at two Yakima County farms. What it means for milk, farmworkers, and families.

Our Picks

63 Celebrity Lookalikes Who Look Like They Were Separated At Birth

If you have ever mistaken Amy Adams for Isla Fisher, you are not alone, bad with names, or imagining things. We’ve all been there. Even Jeffrey Dean Morgan gets approached in airports and grocery stores by fans who mistake him for Javier Bardem and immediately start speaking Spanish. Celebrity doppelgängers…

Why Does Deli Meat Get Slimy Even Before the Expiration Date?

You open the refrigerator, reach for the deli meat, and notice something feels different. The slices are slippery, sticky, or coated with a thin film, even though the package date says you still have several days left to use them. It is an easy situation to second-guess because deli meat…

Grocery Coupon Guide

French family finds rare Chinese vase in attic, takes it to Sotheby’s in shoebox; sells for €16.18m

An 18th-century Chinese porcelain vase, forgotten in a French family's attic, sold for €16.18 million at Sotheby’s Paris in 2018. The family brought it to the auction house in a shoebox, unaware of its value. Experts identified it as a rare imperial vase made for the Qianlong Emperor, and it…

The Times of India

Travis Barker shares Kourtney Kardashian’s bold first move: ‘Something crazy’

Couple were friends for 15 years before becoming a couple around 2020

The Independent UK

‘My dog’s built her own fashion community’: how canine companions stole the fashion week spotlight

Our four-legged friends are turning heads from Louis Vuitton to Schiaparelli – but what does their presence in the most exclusive of spaces say about the industry’s changing attitudes?

The Guardian - UK

Mystery of why big dogs age faster than small ones finally solved

Researchers analyzed the health of more than 860 dogs

The Independent UK

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