Alibaba rose nearly 2% in premarket trading as it unveils one of China’s most advanced chips

Tiger Newspress2021-10-19

Alibaba rose nearly 2% in premarket trading, and its stocks’ price in Hong Kong jumped 1.17% on Tuesday.

 

The company unveiled a new server chip that’s based on advanced 5-nanometer technology, marking a milestone in China’s pursuit of semiconductor self-sufficiency. 

The newest chip is based on micro-architecture provided by the SoftBank Group Corp.-owned Arm Ltd., according to a statement Tuesday. Alibaba, which is holding its annual cloud summit in Hangzhou, said the silicon will be put to use in its own data centers in the “near future” and will not be sold commercially, at least for now.

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精彩评论

  • DanielSiah
    2021-10-21
    DanielSiah
    加油baba
  • 新手多多指教谢谢
    2021-10-20
    新手多多指教谢谢
    Ya ya 🚀🚀
  • ming22
    2021-10-20
    ming22
    Keep going.... Yeah 
  • 许哲东
    2021-10-20
    许哲东
    5nm, how about TSMC?
  • Deonc
    2021-10-19
    Deonc
    Good news. Ignore the short term volatility and if you can load up on the dips. Good company will definitely rise in the long run so hold strong.please like and comment. 
    • Deonc
      done. thanks
    • JeremyKok
      agree. please like and comment back. thank you.
  • Gaga71
    2021-10-19
    Gaga71
    Magic carpet is flying 
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