Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
Alibaba's U.S.-listed shares surged by 7.7% in pre-market trading, drawing significant market attention.

Alibaba's U.S.-listed shares surged by 7.7% in pre-market trading, drawing significant market attention.

老虎证券老虎证券2026/04/08 09:55
Show original
The latest report reveals that the company has successfully deployed a new data center in mainland China, fully powered by independently designed chips. This technological breakthrough marks substantial progress in Alibaba’s self-developed capabilities in the semiconductor sector. By deeply integrating proprietary chips with cloud computing infrastructure, enterprises are expected to significantly enhance data processing efficiency and reduce reliance on external technology supply chains. Analysts point out that the independent strategy for data center chips not only strengthens Alibaba’s technological moat in cloud computing competition, but may also inject new momentum into its global business expansion. The market responded positively to the display of technological strength, pushing the share price to a significant rise before regular trading began.
0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

Goldman Sachs comments on AMD (AMD.US) Q3 performance: Data center CPU and GPU show strong performance, growth visibility for 2027 is clear

Goldman Sachs released a research report maintaining a "Buy" rating on AMD (AMD.US) with a 12-month target price of $675.

智通财经•2026/11/04 03:53

AbbVie (ABBV.US) expands Oxford R&D facility in UK, betting on innovation in immunology, neuroscience, and oncology drugs

AbbVie announced on Wednesday that, as part of an investment plan exceeding 120 million pounds (approximately $161 million), the company has expanded its research and development facility in Oxford, United Kingdom.

智通财经•2026/11/04 02:51