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Benzinga
Benzinga
Business
Ananya Gairola

Alibaba's New AI Chip Sparks Nvidia Dip, But Ross Gerber Calls It 'Laughable' Posturing To Still Secure Blackwell Sales

Ross Gerber Nvidia Alibaba China United States NVDA Nvidia Corp Semiconductor Artificial Intelligence
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Alibaba Group Holding Ltd. (NYSE:BABA) is reportedly working on a new artificial intelligence chip aimed at reducing China's reliance on U.S. semiconductor giant Nvidia Corp. (NASDAQ:NVDA), but prominent investor Ross Gerber dismissed the move as "laughable."

Alibaba Develops AI Chip To Counter US Restrictions

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