Alibaba stock price: What to watch after BABA slips 2.7% as AI-chip questions hang over China tech
Alibaba’s U.S.-listed shares fell 2.7% to $169.56 Friday, extending a two-day slide. China is still finalizing conditions for Alibaba and others to buy Nvidia’s H200 AI chips, sources told Reuters. Alibaba’s chip unit T-Head launched a new AI processor, while weak Chinese factory data added pressure.