Ge Long Hui·2025-09-17 07:13Core Viewpoint - Alibaba's stock price has surged nearly 6% to HKD 162.3, reaching its highest level since October 2021, with a market capitalization exceeding HKD 3 trillion. The stock has increased nearly 40% within the month [1] Group 1: AI Chip Development - Alibaba is developing a new artificial intelligence chip aimed at filling the gap left by NVIDIA in the Chinese market. The chip is currently in the testing phase and is designed for a broader range of AI inference tasks, manufactured by domestic firms, and compatible with NVIDIA's architecture [1] - The PPU chip developed by Alibaba's Tsinghua Unigroup has shown significant performance metrics, surpassing NVIDIA's A800 in several key parameters and comparable to the H20 model. This is a rare public disclosure of performance metrics for Alibaba's self-developed AI chips [1] Group 2: Industry Context - The Chinese state broadcaster CCTV highlighted the achievements of China Unicom's Sanjiangyuan Green Power Intelligent Computing Center project, which involves several domestic AI chip brands, including Alibaba's Tsinghua Unigroup, in signed or proposed agreements [1] - The PPU chip is specifically optimized for large model inference and is compatible with the CUDA ecosystem, available in both basic and advanced versions, with peak computing power reaching 120 TFLOPS for the basic version focused on AI inference [1]