China’s Showcase of AI Chip Prowess Triggers $240 Billion Rally

2025-09-18 10:27:49 英文原文

作者:By Bloomberg NewsSeptember 18, 2025 at 10:27 AM UTCBookmarkSave

From Huawei Technologies Co. to Alibaba Group Holding Ltd., China’s biggest tech firms have vied with each other this month to tout their latest AI chip advancements. Their growing public swagger is gaining investors’ attention, igniting a $240 billion stock market rally.

On Thursday, Huawei for the first time publicly laid out its three-year roadmap for chip development, boasting of “super clusters” and vastly faster AI chips intended to supplant restricted Nvidia Corp. accelerators. A day prior, state media showcased Alibaba’s growing footprint within the country’s No. 2 wireless operator.

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摘要

China's major tech firms, including Huawei and Alibaba, are drawing investor attention with announcements about their advancements in AI chip technology, leading to a $240 billion stock market rally. Huawei revealed its three-year chip development plan, highlighting "super clusters" and faster AI chips aimed at replacing restricted Nvidia accelerators. Previously, state media featured Alibaba's expanding role within China’s second-largest wireless operator.