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Rises 3% as Cloud Summit Unveils Flagship AI Chip and Massive Infrastructure Expansion Plan","url":"https://stock-news.laohu8.com/highlight/detail?id=1179766471","media":"Market Focus","labels":["productRelease"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1179766471?lang=en_us&edition=fundamental","pubTime":"2026-09-22 17:51","pubTimestamp":1790070715,"startTime":"0","endTime":"0","summary":"On September 22, Alibaba rose 3.12% in pre-market trading, trading at $119.3/share, with turnover of $25.15 million. The rally was driven by a wave of AI announcements at the Yunqi Cloud Summit held...","market":"us","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"","is_publish_highlight":true,"source_rank":0,"column":"","sentiment":"1","news_top_title":"Alibaba Jumps as Citi Keeps Buy on Cloud Infrastructure Push","news_tag":"productRelease","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BABA"],"isVideo":false,"video":null,"gpt_icon":1},{"id":"2669110287","title":"Alibaba Could Gain More from AI Business Development","url":"https://stock-news.laohu8.com/highlight/detail?id=2669110287","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2669110287?lang=en_us&edition=fundamental","pubTime":"2026-09-22 17:22","pubTimestamp":1790068920,"startTime":"0","endTime":"0","summary":"0922 GMT - Alibaba stands to benefit further from its AI business development, Citi analysts say in a research note. Chief Executive Eddie Wu's messages of a 20-gigawatt AI infrastructure target by fiscal 2033 could translate to $160 billion in external cloud revenue by then, the bank says. That compares with Citi's current forecast of $100 billion in fiscal 2031. The bank also expects Alibaba to continue its high capital expenditure in the coming years. Citi keeps a buy rating on the stock with a target price of HK$189.00. Shares close 1.95% higher at 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Details New AI Chip, Sets Out Expansion Plans for Flagship Large Language Model","url":"https://stock-news.laohu8.com/highlight/detail?id=2669110322","media":"MT Newswires Live","labels":["productRelease"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2669110322?lang=en_us&edition=fundamental","pubTime":"2026-09-22 17:06","pubTimestamp":1790068009,"startTime":"0","endTime":"0","summary":"Alibaba's  latest Zhenwu V900 AI training and inference processor offers three times the performance of its predecessor, the company said Tuesday.The product is scheduled for mass production and commercial release in Q1.The company is aiming for the global data center capacity operated by Alibaba Cloud to surpass 20 gigawatts by 2032, Chief Executive Eddie Wu said.Alibaba's next-generation model, Qwen 4, is in training. The company set out road map for the upcoming Qwen 4.5 and Qwen 5 model series, projected to scale up to 5 trillion to 10 trillion parameters, according to the company.Alibaba shares were up 1.9% in premarket 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