Alibaba Group News - September 22, 2026
Alibaba Bets $53 Billion It Can Build China's AI Backbone — But Can Homegrown Chips Close the Gap With Nvidia?
Shares surged 3.5% to $119.81 as Alibaba unveiled what it calls China's most powerful AI processor at its annual cloud conference in Hangzhou, capping a 11.7%...
🟢 Alibaba Group is trading 3.51% up today after unveiling three-times-faster Zhenwu V900 AI chip
Alibaba Group is trading 3.51% up at $119.81 after unveiling the Zhenwu V900 AI chip on September 22, 2026. - Alibaba says the processor delivers three times...
🟢 Alibaba Group is trading 3.38% up in pre-market after unveiling the Zhenwu V900 AI chip
Alibaba Group is trading 3.38% up now in pre-market at $119.66 after unveiling the Zhenwu V900 AI chip. - Alibaba says the chip delivers three times the...
Alibaba Unveils China's Most Powerful AI Chip, Challenging Nvidia
Alibaba Group’s T-Head unit launched the Zhenwu V900 accelerator. Alibaba describes the hardware as China's most powerful AI chip. CEO Eddie Wu introduced the...