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Alibaba's T-Head Semiconductor to Go Public: Alibaba AI's First Major Milestone
6 hour ago /
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Author：小编
Alibaba announced on the evening of November 10 that it plans to spin off its chip unit T-Head and list it independently on the Main Board of the Hong Kong Stock Exchange. T-Head confidentially submitted its application on September 11 this year. According to media reports, the company aims to list in Hong Kong next year and may raise between US$2 billion and US$3 billion. The exact offering size and listing timetable have not yet been disclosed.
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