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Finance / General

Alibaba shares jump as new AI chip, data center buildout plans unveiled

Source: cnbc September 21, 2026 · 22:15
Alibaba shares jump as new AI chip, data center buildout plans unveiled
Photo by ainc T · Pexels
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Alibaba shares jumped 3% in Hong Kong on Tuesday as the tech giant unveiled a new AI chip and plans to sharply expand its global data center capacity
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CNBC

The Consumer News and Business Channel (CNBC) is an American business news channel owned by Versant. The network broadcasts live business news and analysis programming during the morning, daytime business day, and early-evening hours, with the remaining hours filled by business-related documentaries and reality television programming, as well as occasional sports presentations from USA Sports. CNBC operates an accompanying financial news website, CNBC.com, which includes news articles, video and…

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