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Alibaba Shares Outpace Tencent’s as Chip Exposure Fuels Demand

Bloomberg Tech · May 7, 2026, 3:57 AM · Also reported by 4 other sources

The torrid stock rally in Asian chipmakers is driving a divergence between China’s two internet giants, with Alibaba Group Holding Ltd. gaining an edge over rival Tencent Holdings Ltd. due to investor enthusiasm about its ambitious semiconductor unit.

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Alibaba Shares Outpace Tencent’s as Chip Exposure Fuels Demand

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