Alibaba Group (BABA) Is One Of The Stocks Michael Burry Is Backing In 2026 Alibaba's recent decision to switch to Huawei chips for its AI operations has significant implications for the tech industry.
By opting out of using top tier Nvidia chips due to US government restrictions, Alibaba is attempting to circumvent limitations imposed by Washington.
The scale at which Chinese tech firms are investing in AI research and development is evident in Huawei's plan to produce 750,000 AI chips in 2026. This investment is a testament to China's ambitions in the field.