关于阿里造芯，有资深投资人是这样看的

Core Viewpoint - Alibaba's chip development is primarily aimed at ensuring the security of its cloud business supply chain, rather than establishing a standalone, profitable hardware business, which presents a less optimistic outlook [2][22]. Investment and Development - Since the establishment of "Pingtouge" semiconductor in 2018, Alibaba has significantly increased its investment in chip research and development, exceeding 100 billion yuan in the past four quarters, with plans to invest over 380 billion yuan in the next three years for cloud and AI hardware infrastructure, including chip development [6][21]. Chip Development Timeline - Alibaba's chip journey has gone through several phases, starting with the acquisition of Zhongtianwei and the establishment of "Pingtouge" [8]. The launch of the Hanguang 800 chip in 2019 marked a significant step in its ambition to reshape cloud AI computing power, achieving a peak performance of 78,563 images per second in ResNet-50 inference tasks [9]. The Yitian 710 chip was introduced in 2021, shifting focus from AI inference to general server CPUs, indicating a deep integration of its chip strategy with its cloud business [10][11]. Market Reception and Challenges - Despite the advancements, there are ongoing doubts regarding the practical application and stability of Alibaba's chips in production environments, with limited large-scale customer cases reported [12][14]. The new AI inference chip currently under testing faces similar scrutiny regarding its manufacturing capacity and compatibility with Alibaba's data center deployment [15]. Ecosystem and Software Support - The success of Alibaba's chips hinges not only on hardware performance but also on the availability of a mature software ecosystem. Without stable compilers, operator libraries, and third-party application support, the chips may struggle to gain market traction [17]. Comparatively, NVIDIA's dominance is attributed to its robust ecosystem, particularly with CUDA, which facilitates code portability for developers [19]. Strategic Positioning - Alibaba's entry into the chip sector appears to be more defensive, aimed at managing supply chain risks rather than creating a new profit center. The lack of separate revenue reporting for its chip business in financial statements suggests a focus on strategic reserves rather than market expansion [21][22].