Bullish
Alibaba's Zhenwu V900 AI chip aims to triple performance, mass production in Q1 2027.
Alibaba's recent announcement of the Zhenwu V900 AI accelerator chip, which triples the performance of its predecessor, signals a significant advancement in its AI capabilities. The company plans to commence mass production in the first quarter of 2027, positioning itself as a formidable player in the AI hardware market.
Key points
- Zhenwu V900 AI chip unveiled, tripling performance of M890, mass production set for Q1 2027.
- Alibaba's stock closed at $109.74 on September 25, 2026, down 0.80%.
- Jefferies cuts Alibaba's target price to $185, citing higher AI-related spending and non-core losses.
- Morgan Stanley lowers Alibaba's price target to $165, maintaining an Outperform rating.
Sources
- Alibaba unveils Zhenwu V900 AI accelerator, claims it's 'the most powerful AI chip in China'Tom's Hardware · September 23, 2026
- Alibaba stock at USD 109.74 on September 25, 2026, down 0.80 percentAD HOC NEWS · September 28, 2026
- Alibaba shares fall after Jefferies cuts target on AI spending, non-core lossesInvesting.com · September 4, 2026
- Alibaba (BABA) PT Lowered to $165 at Bernstein SocGen GroupStreetInsider.com · September 7, 2026
AI-generated from public news sources. Not financial advice.
