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Reports suggest Alibaba’s semiconductor unit, 'Pingtouge,' may be spun off for an IPO

On January 22, according to foreign media reports, Alibaba is preparing to list its chip manufacturing division, T-Head, a move driven by in Show More
On January 22, according to foreign media reports, Alibaba is preparing to list its chip manufacturing division, T-Head, a move driven by investors' strong interest in one of the few companies in this field attempting to compete with NVIDIA. Following the news, Alibaba's US stock price surged over 7% at the opening. Previously, Baidu Group announced the spin-off of Kunlun Chip for listing. Tech giants are collectively spinning off their chip businesses! How do you interpret this?
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