The Latest Breaking News from Alibaba

Alibaba reportedly developing new AI chip as China’s Xi rejects AI’s ‘Cold War mentality’

The potential new chip could have global implications as the AI arms race makes pace.

Euronews · Sep 1, 2025

European stock markets are up, Novo Nordisk is among the winners

The major European stock indexes started the week in a positive mood, boosted by good news from the defence and pharmaceutical sectors. Meanwhile, new questions on Trump's tariffs are keeping traders around the world on edge.

Euronews · Sep 1, 2025

Alibaba Stock Surged Nearly 19% Higher In Hong Kong On Monday: What's Going On?

Alibaba Group Holding Ltd (NYSE:BABA) saw its Hong Kong-listed shares surge by 18.5% on Monday amid strong quarterly performance of the company’s cloud computing unit and the unveiling of a new AI chip.

Benzinga · Sep 1, 2025

China's AI Plans, Employment Data and Other Key Things to Watch this Week

Markets enter a critical week following Friday's tech sector volatility that was triggered by concerns over China's semiconductor ambitions, particularly reports that Alibaba is developing its own AI chip.

Barchart · Aug 30, 2025

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

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."

Benzinga · Aug 30, 2025

What's Going On With Nvidia Stock?

NVIDIA Corp (NASDAQ:NVDA) shares are trading lower Friday following reports of DeepSeek shifting to Huawei AI chips and Alibaba Group Holding Ltd – ADR (NYSE:BABA) unveiling a new AI chip.

Benzinga · Aug 29, 2025

Gap Shares Rise As JPMorgan Sees Inflection Point Under CEO's Merchandising Playbook

Retailers are navigating a challenging landscape marked by shifting consumer preferences and unpredictable weather patterns, which impact seasonal sales. In this environment, companies like Gap, Inc. (NYSE:GAP) are striving to adapt their strategies to maintain growth and profitability.

Benzinga · Aug 29, 2025

Nasdaq Down Over 1%; Alibaba Shares Jump Following Q1 Results

U.S. stocks traded lower midway through trading, with the Dow Jones index falling more than 100 points on Friday.

Benzinga · Aug 29, 2025

China Doesn't Need Nvidia Anymore: Alibaba's New Chip Is A Challenge To Washington

Alibaba Group Holding Ltd (NYSE:BABA) (NYSE:BABAF) has just raised the stakes in the U.S.–China tech rivalry. The Chinese e-commerce and cloud giant has unveiled a new AI chip designed to reduce reliance on Nvidia, Washington's favorite export-turned-bargaining chip.

Benzinga · Aug 29, 2025

Alibaba Sees Historic Opportunities As CEO Points To AI And Quick Commerce Wins

Alibaba Group Holding (NYSE:BABA) shares climbed on Friday following the release of its fiscal first-quarter results, as the e-commerce giant co-founded by Jack Ma reported revenue that exceeded analyst expectations.

Benzinga · Aug 29, 2025