Alibaba Group (BABA) Has Shown Interest to Buy H200 Chips From NVDA

Group 1 - Alibaba Group Holding Limited (NYSE:BABA) is interested in acquiring Nvidia's H200 AI chip following the Trump administration's approval for Nvidia to export chips to China [1] - Chinese companies, including Alibaba, are awaiting government approval to import Nvidia's chips, which would be significant for Alibaba and other tech firms as they currently use H20 chips that are nearly six times slower than the H200 chips [2] - The Chinese government recently met with representatives from Alibaba, ByteDance, and Tencent to evaluate the demand for H200 chips, which are essential for training AI models more efficiently [3] Group 2 - Wall Street has mixed opinions on Alibaba's stock, with Arete downgrading it to Neutral from Buy with a price target of $172, while Susquehanna maintained a Buy rating with a price target of $190 [4] - Despite recognizing Alibaba's potential as an investment, some analysts believe that other AI stocks may offer greater upside potential and lower downside risk [5]