From Cloud to Chips: Why $BABA-W Is Regaining Investor Attention
$BABA-W(09988)$ sees first net inflow in 6 days from mainland investors via the StockConnect with US$42m in net buying.
Company gets conditional approval to purchase $NVIDIA(NVDA)$ H200 chips; Rumored to eyes US$68B in spending on AI & cloud computing in the next 3 yrs.
Alibaba Parallel Processing Units (PPU) shipments hit hundreds of thousands according to the company as it pushes Cloud+AI+Chip strategy. Fully integrated.
This adds a unique and growing facet to the company's business as China pushes for AI dominance. t area.
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