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Alibaba ADR Swells 5.1% Amid Reports of Supporting Separate Listing of Chip Unit
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Alibaba (BABA.US) (09988.HK) ADR mushroomed 5.1% to USD177.18.

Alibaba decided to support the future separate listing of its chip company, T-Head, although the specific timing remains unclear, Chinese news broke.

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T-Head is a semiconductor chip company established by Alibaba in 2018, focusing on AI chips and RISC-V ecosystem technology.
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