BABA(US:BABA) Mei Ri Jing Ji Xin Wen·2025-09-01 08:33Group 1 - Nvidia reported Q2 revenue of $46.7 billion, a year-over-year increase of 56% and a quarter-over-quarter increase of 6% [1] - Data center revenue reached $41.1 billion, also reflecting a year-over-year growth of 56% and a quarter-over-quarter growth of 5% [1] - Nvidia did not sell H20 products to Chinese customers in Q2, but generated approximately $650 million in H20 sales to customers outside China [1] Group 2 - Alibaba's cloud segment achieved revenue of 33.398 billion yuan in Q1 FY2026, a year-over-year increase of 26%, significantly surpassing the 18% growth in Q4 FY2025 [2] - Alibaba's total capital expenditure for Q1 FY2026 was 38.676 billion yuan, marking a year-over-year increase of 219.79%, with property and equipment purchases accounting for 38.629 billion yuan, up 223.55% year-over-year and 61% quarter-over-quarter [2] - Over the next three years, Alibaba plans to invest more than 380 billion yuan in cloud and AI hardware infrastructure, driven by increasing demand for AI computing power [2] Group 3 - The communication ETF (515880) has a scale exceeding 9.5 billion yuan, with "optical modules + servers + copper connections + optical fibers" accounting for over 75% of the total [2] - Optical modules represent over 48% of the ETF, while servers account for nearly 20% and optical fibers for over 7%, indicating strong investment opportunities in the computing hardware sector [2]