Alibaba unveils AI chip and data center plans for Alibaba Group stock
Published on 10/04/2026 at 17:56 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Alibaba unveiled a new AI chip and data center expansion plans on September 22, 2026, according to CNBC. Lang & Schwarz quoted Alibaba at EUR 94.10 in weekend trading at 5:54 p.m. CEST on October 4, 2026, unchanged at 0.00 percent from the close of EUR 94.10 on October 2, 2026.
Weekend trading
The EUR 94.10 price was unchanged versus the Lang & Schwarz close of EUR 94.10 on October 2, 2026. The bid was EUR 93.90 and the ask was EUR 94.30. The further course of weekend trading at Lang & Schwarz until 7:00 p.m. CET/CEST is shown by the continuously updated real-time quote of Alibaba Group stock.
Last Xetra trading day
Lang & Schwarz recorded a closing price of EUR 94.10 on October 2, 2026. The reference price was unchanged from the weekend-trading indication on October 4, 2026.
AI chip and data center plans
CNBC reported that Alibaba introduced the Zhenwu V900, which the company said delivers three times the performance of the predecessor Zhenwu M890. Alibaba also announced plans for Alibaba Cloud to expand global data center capacity to more than 20 gigawatts by 2032. The chip is scheduled for mass production and commercial release in the first quarter of 2027, the report said. Alibaba also said its next-generation Qwen 4 model was in training and outlined future Qwen 4.5 and Qwen 5 model series, according to CNBC.
Next Xetra session
The next Xetra session is scheduled for October 5, 2026.
