--- title: "Understanding the Market | Alibaba-W rose over 7% in early trading, reported to have reached a 20,000-unit NVIDIA chip agreement with the dark side of the month" type: "News" locale: "en" url: "https://longbridge.com/en/news/294629571.md" description: "Alibaba-W rose over 7% in early trading, and as of the time of writing, it is up 6.24%, priced at HKD 124.3, with a transaction volume of HKD 9.057 billion. In terms of news, according to Bloomberg, the Dark Side of the Moon has reached a computing power agreement with major investor Alibaba, allowing the use of a computing power cluster composed of approximately 20,000 NVIDIA chips, which accounts for a significant portion of the total computing power of its Kimi series models. Additionally, the Dark Side of the Moon recently completed over USD 3.5 billion in Series F financing, with a valuation of USD 35 billion. As the largest internet giant investor, Alibaba has been participating since the B+ round and has invested a total of USD 800 million in subsequent rounds. Based on the latest valuation of USD 33 billion, Alibaba's share corresponds to approximately USD 5 billion, with a book profit of USD 4.2 billion" datetime: "2026-08-03T02:13:13.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/294629571.md) - [en](https://longbridge.com/en/news/294629571.md) - [zh-HK](https://longbridge.com/zh-HK/news/294629571.md) generator: "portal-rs" --- # Understanding the Market | Alibaba-W rose over 7% in early trading, reported to have reached a 20,000-unit NVIDIA chip agreement with the dark side of the month According to the Zhitong Finance APP, Alibaba-W (09988) rose over 7% in early trading, and as of the time of writing, it is up 6.24%, priced at HKD 124.3, with a transaction volume of HKD 9.057 billion. In terms of news, Bloomberg reported that Moonlight has reached a computing power agreement with major investor Alibaba, allowing the use of a computing power cluster composed of approximately 20,000 NVIDIA chips, which accounts for a significant portion of the total computing power of its Kimi series models. Additionally, Moonlight recently completed a Series F financing round of over USD 3.5 billion, with a valuation of USD 35 billion. As the largest internet giant investor, Alibaba has participated in every round since the B+ round, investing a total of USD 800 million. Based on the latest valuation of USD 33 billion, Alibaba's share corresponds to approximately USD 5 billion, with a book profit of USD 4.2 billion ### Related Stocks - [BABA.US](https://longbridge.com/en/quote/BABA.US.md) - [NVDA.US](https://longbridge.com/en/quote/NVDA.US.md) - [BABX.US](https://longbridge.com/en/quote/BABX.US.md) - [NVDX.US](https://longbridge.com/en/quote/NVDX.US.md) - [NVDS.US](https://longbridge.com/en/quote/NVDS.US.md) - [BABO.US](https://longbridge.com/en/quote/BABO.US.md) - [BABU.US](https://longbridge.com/en/quote/BABU.US.md) - [BABW.US](https://longbridge.com/en/quote/BABW.US.md) - [BBYY.US](https://longbridge.com/en/quote/BBYY.US.md) - [KBAB.US](https://longbridge.com/en/quote/KBAB.US.md) - [NVD.US](https://longbridge.com/en/quote/NVD.US.md) - [NVDB.US](https://longbridge.com/en/quote/NVDB.US.md) - [NVDD.US](https://longbridge.com/en/quote/NVDD.US.md) - [NVDG.US](https://longbridge.com/en/quote/NVDG.US.md) - [NVDL.US](https://longbridge.com/en/quote/NVDL.US.md) - [NVDO.US](https://longbridge.com/en/quote/NVDO.US.md) - [NVDU.US](https://longbridge.com/en/quote/NVDU.US.md) - [NVDW.US](https://longbridge.com/en/quote/NVDW.US.md) - [NVDY.US](https://longbridge.com/en/quote/NVDY.US.md) - [NVYY.US](https://longbridge.com/en/quote/NVYY.US.md) - [NYYY.US](https://longbridge.com/en/quote/NYYY.US.md) - [NVDQ.US](https://longbridge.com/en/quote/NVDQ.US.md) - [DIPS.US](https://longbridge.com/en/quote/DIPS.US.md) - [MAGX.US](https://longbridge.com/en/quote/MAGX.US.md) - [SMH.US](https://longbridge.com/en/quote/SMH.US.md) - [SOXX.US](https://longbridge.com/en/quote/SOXX.US.md) - [SOXL.US](https://longbridge.com/en/quote/SOXL.US.md) - [SOXQ.US](https://longbridge.com/en/quote/SOXQ.US.md) - [XSD.US](https://longbridge.com/en/quote/XSD.US.md) - [PSI.US](https://longbridge.com/en/quote/PSI.US.md) - [FTXL.US](https://longbridge.com/en/quote/FTXL.US.md) - [09988.HK](https://longbridge.com/en/quote/09988.HK.md) - [07388.HK](https://longbridge.com/en/quote/07388.HK.md) - [07788.HK](https://longbridge.com/en/quote/07788.HK.md) - [09388.HK](https://longbridge.com/en/quote/09388.HK.md) - [89988.HK](https://longbridge.com/en/quote/89988.HK.md) - [HBBD.SG](https://longbridge.com/en/quote/HBBD.SG.md) - [NVD.DE](https://longbridge.com/en/quote/NVD.DE.md) ## Related News & Research - [Wedbush Delivers Blunt Message on Nvidia Stock Ahead of Earnings](https://longbridge.com/en/news/296948993.md) - [BMO Just Named Nvidia a Top Pick as It Initiates Coverage. 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