Tag: China Tech
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Huawei Invests $11.7B
Huawei’s Strategic Expansion: A New Era in Technology and Automotive Innovation Huawei’s recent announcements have sent shockwaves through the tech and automotive industries, signaling a significant shift in the company’s strategy. The Chinese giant’s decision to invest $11.7 billion in autonomous driving research and development over the next five years Huawei earmarks US$11.7b for training…
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Burry Bets on Alibaba
Michael Burry, the investor who foresaw the 2008 financial crisis, has quietly built a 6% portfolio stake in Alibaba Group Holding (NYSE: BABA), positioning himself amid the stock’s 13% year-to-date decline while the S&P 500 ekes out modest gains. This move underscores a contrarian bet on a company whose forward earnings growth is projected at…
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Huawei Revenue Up 2.2%
Huawei Posts Modest Revenue Growth While Doubling Down on Self-Reliance In a year marked by persistent U.S. sanctions, Huawei Technologies reported 2025 revenue of 880.9 billion yuan ($127.5 billion), a 2.2% increase from 2024—its second-highest annual figure ever, though a sharp deceleration from the prior year’s 22.4% surge Huawei posts slower annual revenue growth. Net…
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Alibaba’s AI Push Hurts Profit
Alibaba’s AI Ambitions Collide with Profit Realities As Alibaba Group pours billions into AI infrastructure amid surging demand for its cloud services, the company’s fiscal third-quarter 2026 earnings revealed a stark trade-off: revenues ticked up modestly to RMB 284.8 billion ($41.3 billion), a 2% year-over-year increase—or 9% excluding divested units—but operating profit cratered 74% to…
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Alibaba Adopts Huawei AI Chips
The advent of advanced technologies like artificial intelligence (AI) and cloud computing has significantly transformed the global tech landscape. A recent development that underscores this transformation is Alibaba’s integration of Huawei’s domestically produced 950PR AI chips into its AI infrastructure Alibaba’s Huawei Chip Move Tests AI Growth And Margin Resilience. This move not only reflects…
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Huawei Defies Odds
Huawei’s Steady Course Through Geopolitical Storms: 2025 Report Signals Resilience in AI and Beyond Shenzhen-based Huawei has delivered revenue of CNY 880.9 billion ($126 billion) and net profit of CNY 68 billion in 2025, aligning precisely with its forecasts despite persistent U.S. export controls and a volatile global tech landscape. This modest 2.2% revenue growth…
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Huawei Poaches Top German Scientist vs Nvidia
The tech landscape is witnessing a seismic shift as Chinese giant Huawei makes aggressive moves to challenge the dominance of industry leaders like Nvidia. One of the most significant developments is Huawei’s poaching of a top German scientist, a move that underscores the company’s commitment to investing in cutting-edge research and talent acquisition. This strategic…
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Alibaba Unveils RISC-V Chip
Alibaba’s XuanTie C950 processor marks a pivotal leap in open-source chip design, delivering server-grade performance tailored for China’s largest AI models while sidestepping U.S. export restrictions on advanced semiconductors. Unveiled by Alibaba’s DAMO Academy, this 5nm RISC-V CPU boasts single-core SPECint 2006 scores exceeding 70 points and SPECint 2017 results around 2.6GHz at 3.2GHz clock…
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Huawei Challenges Nvidia
Huawei’s Multidimensional Surge: AI Chips, Wearables, and Enterprise AI Reshape Tech Frontiers In a pivotal shift for China’s semiconductor landscape, Huawei’s latest AI chip, the Ascend 950PR, has secured orders from heavyweights ByteDance and Alibaba following successful customer testing, marking a rare breakthrough against Nvidia’s dominance. Priced at around 50,000 yuan ($6,900) for the base…
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Alibaba Bets $53B on AI
Alibaba’s AI Ambitions: A Bold Bet on the Future Alibaba’s recent earnings report revealed a striking 66% drop in net income, a stark reminder that the company’s aggressive investments in artificial intelligence (AI) come with significant upfront costs. However, this setback has not deterred the Chinese tech giant from its mission to become a leader…