# Alibaba Stock Rises on New AI Chip

> Alibaba's Zhenwu V900 chip targets NVIDIA's China gap, stock jumps 4%.
- Title: Alibaba Stock Rises on New AI Chip · 24/7 Wall St. | Shortify
- Summary: Alibaba's Zhenwu V900 chip targets NVIDIA's China gap, stock jumps 4%. Alibaba stock rose 4% after unveiling a chip that claims three times NVIDIA's…
- Keywords: alibaba, zhenwu v900, nvidia, baidu, ai chip, chinese market, alibaba cloud, hangzhou, securities, stock market, Stock, Rises
- Source: 24/7 Wall St. — https://247wallst.com/investing/2026/09/22/alibaba-jumps-4-as-zhenwu-v900-chip-targets-the-gap-nvidia-left-in-china-baidu-sits-tight
- Author: David Moadel
- Published: 2026-09-22T13:43:39+00:00
- Read time: 1 min
- Topics: alibaba, zhenwu v900, nvidia, baidu, ai chip, chinese market, alibaba cloud, hangzhou, securities, stock market
## Alibaba Unveils New AI Chip
Alibaba Group shares rose 4% to $120.36 after unveiling its most powerful AI chip at Alibaba Cloud’s Hangzhou conference.
## Zhenwu V900 Claims Three Times Performance
Alibaba CEO Eddie Wu said the Zhenwu V900 delivers three times the performance of earlier chips with larger memory and greater bandwidth.
## Mass Production Scheduled for Q1 2027
Alibaba plans mass production and commercial release of the Zhenwu V900 chip in the first quarter of 2027.
## NVIDIA Excluded from China Market
U.S. export controls have kept NVIDIA’s most advanced AI accelerators out of China, and NVIDIA excluded China data-center revenue from its Q3 FY2027 outlook.
## Baidu Stock Remains Flat
Baidu stock held steady at $92.45, up 0.3%, while Alibaba’s move was seen as company-specific rather than sector-wide.
## Market Reacts to Alibaba’s Move
The SPDR S&P 500 ETF Trust is essentially unchanged at $774.23, and the KraneShares CSI China Internet ETF rose 1% to $25.44.
## Alibaba’s Vertical Integration Edge
Alibaba owns both the model and silicon, a position no Western supplier can contest inside China, giving it a strategic edge.
## What to Watch Next
Investors will monitor whether Alibaba holds the 4% gain into the close and if independent benchmarks align with claims once V900 shipments begin in Q1 2027.
## Key takeaway

Alibaba stock rose 4% after unveiling a chip that claims three times NVIDIA's performance in China, while Baidu remained flat.