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CNBC

Alibaba shares jump as new AI chip, data center buildout plans unveiled

Tuesday, September 22, 2026


Alibaba's stock price rose 3% in Hong Kong trading on Tuesday following the company's announcement of a new artificial intelligence chip and expansion plans for its global data center infrastructure.

Original reporting: https://www.cnbc.com/2026/09/22/alibaba-ai-alibabacloud-zhenwu-v900-.html

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