On January 22, foreign media reported that Alibaba (09988.HK) is preparing to list its chipmaking division. Given investors' strong interest in the few companies capable of competing with Nvidia (NVDA.O), Alibaba plans to first restructure the division into a commercial entity with employee ownership before considering an initial public offering (IPO), though no specific timeline has been set. Currently, the plan is still in its early stages, and the valuation of T-Head remains unclear.
