BUSINESSJun 23 · 07:30 UTCSCMP WORLDAnn Cao

Alibaba chip unit T-Head triples capital amid AI hardware bet

Alibaba Group Holding's chip design unit T-Head has tripled its registered capital to 1 billion yuan from 300 million yuan, aiming to strengthen its position in the semiconductor industry amid the AI boom and China's chip self-sufficiency drive.

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Alibaba Group HoldingorganizationT-HeadorganizationAItopicsemiconductortopicChina's chip self-sufficiencytopicShanghaiplace

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