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Alibaba's T-Head Said to Plan Hong Kong IPO Next Year Targeting US$2–3 Billion
7 hour ago /
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Author：小编
T-Head, Alibaba's chip design unit, is reportedly planning to file for a Hong Kong IPO next year, aiming to raise between US$2 billion and US$3 billion. During the earnings call for the fiscal year 2026 third quarter, Alibaba Group CEO Eddie Wu said that T-Head's annualized revenue has surpassed the RMB 10 billion mark, its in-house GPU chips have entered large-scale mass production, and cumulative deliveries had reached 470,000 units as of February 2026. From 2026 to 2027, T-Head's production capacity for high-quality AI chips will continue to expand, providing computing power support for the group's AI business. Wu previously said that T-Head would not rule out an IPO in the future, though no clear timetable had been set at the time.
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