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Alibaba AI ARR to Exceed ¥30Bln! Do You Buy New AI Story?
Alibaba surged 6% intraday today. The conference call completely overshadowed near-term profit pressure: AI ARR is expected to exceed ¥30 billion by year-end, capex surpasses ¥380 billion, AI revenue is projected to account for 50% of cloud business within a year — “no card will sit idle.”
The only real question for whether this story holds: can the ¥380 billion capex be converted into revenue growth on time?
Do you believe in Alibaba’s transformation, and is this a good price to add to your position?
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