Chinese Tech Giants Spent Billions on Nvidia Chips Ahead of U.S. Export Ban
The chip orders exceeded $12 billion, according to Nikkei Asia.
| Ticker |
BABA
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| CIK | 0001577552 |
| SIC | 7389 |
| Sector | Services |
| Industry Category | Business Services |
| Industry Group | Services – Misc. Business Services |
| Address | 26/F TOWER ONE, TIMES SQUARE, 1 MATHESON STREET, CAUSEWAY BAY, K3, 00000 |
| Website | alibabagroup.com |
| Phone | 852-2215-5100 |
| CEO | Yong Zhang |
| Employees | 254,900 |
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Standardized FinancialsdocsIntrinio provides professional-grade historical financial data. This data is standardized, cleansed and verified to ensure the highest quality data sourced directly from the XBRL financial statements. The primary purpose of standardized financials are to facilitate comparability across a single company’s fundamentals and across all companies fundamentals. For example, it is possible to compare total revenues between two companies as of a certain point in time, or within a single company across multiple time periods. This is not possible using the as reported financial statements because of the inherent complexity of reporting standards. Below is a preview of several data points from each financial statement, as well as a sample of our many calculated metrics: |
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Latest NewsdocsIntrinio provides up-to-date news articles on every US company from various sources. Here are several examples: |
Chinese Tech Giants Spent Billions on Nvidia Chips Ahead of U.S. Export BanThe chip orders exceeded $12 billion, according to Nikkei Asia. 4 China Tech Stocks Resilient Despite U.S.-China Trade TensionsChina's technological strength and resilience amid the trade battle with US suggests that one can buy BABA, BIDU, JD and TCEHY as AI, EVs and AR lead the way. JD.com, Meituan shares plunge as delivery competition heats up(Bloomberg) -- An intensifying rivalry between JD.com Inc. and Meituan in China’s food delivery space is dealing a blow to their share prices, as investors worry about the hit to profitability.Most Read from BloombergDOGE Visits National Gallery of Art to Discuss Museum’s Legal StatusTrump Gives New York ‘One Last Chance’ to End Congestion FeeTrump Administration Takes Over New York Penn Station RevampThe Racial Wealth Gap Is Not Just About MoneyNashville’s $3 Billion Transit Plan Brings a Call Alibaba Group Holding Limited (BABA): Among Stocks That Could 10X Over the Next 2 YearsWe recently published a list of 9 Stocks That Could 10X Over the Next 2 Years. In this article, we are going to take a look at where Alibaba Group Holding Limited (NYSE:BABA) stands against other stocks that could 10X over the next 2 years. US Tariffs and the Stock Market Turmoil While tariffs from […] Why the Market Dipped But Alibaba (BABA) Gained TodayIn the most recent trading session, Alibaba (BABA) closed at $110.15, indicating a +1.18% shift from the previous trading day. |