Alibaba shares jump as new AI chip, data center buildout plans unveiled
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Source: CNBC
Published: 2026-09-22 15:15 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Transport, Technology & AI, China, Technology
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Snippet:
Shares of Alibaba jumped around 3% in Hong Kong on Tuesday after the Chinese technology giant unveiled a new artificial intelligence chip and plans to sharply expand its data center footprint, stepping up its bet on the infrastructure powering the AI boom.
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