Search
Nomura: Alibaba's AI and Cloud Business Growth Momentum Expected to Continue, Raises Adjusted Net Profit Forecast for FY2027
3 day ago /
Read about 0 minute
Author：小编
On October 2, Nomura analysts stated in a report that Alibaba (09988.HK) is expected to sustain robust growth in its AI and cloud businesses. Analysts believe that Alibaba has established a solid position in almost all key segments of the AI value chain, including chips, infrastructure, models, and applications. Meanwhile, Alibaba is placing greater emphasis on profitability in its e-commerce and other businesses to retain cash flow for supporting AI investments. Due to improved profit expectations for its e-commerce business, Nomura has raised its adjusted net profit forecast for Alibaba for FY2027 by 7%.
-
C114 Communication Network -
Communication Home
7 X 24 Track global technological trends
