Alibaba shares rise after the main agent of artificial intelligence chips land

Ali Baba The shares rose on Wednesday after the Chinese government media reported that the e -commerce giant obtained a major agent of artificial intelligence chips.

China Unicom will publish AI’s accelerators in Alibaba from the semiconductor unit called Pingtouge or T-HAD, according to a report issued by CCTV State State. Do not sell alibaba direct chips, but companies can effectively use computing power based on these semiconductors by purchasing Alibaba Cloud services.

A person with the accuracy of the CCTV report was accurate to CNBC.

Alibaba was not immediately available for comment when contacting it by CNBC.

Alibaba shares closed above 5 % in Hong Kong, and the share of the company listed in the United States increased by more than 2 % in the pre -market trade.

Computing power will be used in Alibaba by China Unicom, the second largest communications company in the country, as part of a large new data center project in China that will also include chips from other local companies including Metax and Biren Technology.

This step emphasizes China’s efforts to enhance the use of its domestic connections for Amnesty International at a time when reaching Nafidia is still the second largest economy in the world in a state of flow.

Wednesday, Financial times I reported that the Internet organizer, China’s electronic space management, asked companies to stop buying some NVIDIA AI chips. NVIDIA shares were 1 % lower in pre -market trade.

Alibaba is one of the artificial intelligence players in China. Its artificial intelligence models have developed her locally the largest cloud computing players. At the same time, it is developing the new Amnesty International chip, CNBC I mentioned last month.

It is not clear whether China Unicom is using the latest chips alibaba. Information about the partnership of the two companies appeared after CCTV showed an advertising board containing details as part of a report on the new Sanjiangyuan Data Center for the communications giant in Qinghai Province.