Alibaba (BABA) has reportedly attracted more than 400 clients for their new chip, according to sources

Alibaba's successful acquisition of over 400 clients for its new AI chip is a positive signal for its growth in the semiconductor market, particularly with major players like State Grid Corp and Xpeng onboard.

Newsquawk StaffPublished 29 Jan 2026, 08:12 UTCOn the live feed at 07:52 UTC — 13 more headlines followed before this page went public

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China's MOFCOM spokesperson, when asked about a potential round of US-China trade talks, says China is willing to work with the US side to jointly uphold and implement the important consensus of the two heads of state, Global Times reports

07:54

Turkey says it has foiled an Iranian intelligence plot at US' Incirlik base

07:52

Alibaba (BABA) has reportedly attracted more than 400 clients for their new chip, according to sources

07:45

Denmark's Foreign Minister after his meeting in Washington says he's more optimistic on Greenland compared to a week ago. Plan to hold further meetings.

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List of client secured according to sources include the State grid Corp and Xpeng as clients for the Co.'s new AI chip

Context

This could strengthen Alibaba's competitive position, potentially driving further collaborations and innovations in the tech sector. Keep an eye on how this impacts their broader market strategy and peer dynamics in the industry.

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