BABA went completely crazy this week 🔥 The Yunqi Conference was a blockbuster hit, the ZhenWu V900 chip was unveiled, a…

Alibaba this week can only be described as 'going crazy' 🚀

Starting from the Tuesday Apsara Conference, $Alibaba(BABA.US) took off 🔥

📊 Let's look at the numbers:
- Low of ⁹⁄₁₆: $107 → Close of ⁹⁄₂₂: $116
- Intraday high briefly broke $120 🎯
- Weekly gain ≈ +8.5%
- Trading volume surged 58%, with over $1.4bn pouring in

Yuan. Who is buying is already obvious.

The truly explosive news 👇

① True Warrior V900 AI Chip Launch 🚀
Developed by T-Head, its computing power is 3x that of the previous M890 generation, supporting clusters of 500k units, with mass production in 2027 Q1. Who is it benchmarking? Guess 🤫

② CEO Eddie Wu: Global Data Centers by 2032 → 20GW
Not just a PPT pitch, but $53bn (380bn RMB) of real capital invested over three years. Citi ran the numbers: external cloud revenue for FY2033 will be $160bn, up from their previous forecast of $100bn—a direct 60% upward revision.

③ Tongyi Qianwen 4 Currently in Training
Planned parameter scale: 5 trillion → 10 trillion. This scale burns real money 💰

④ Management ALL IN
Jack Ma and Eddie Wu both increased their holdings, buying their own stock with real cash. This isn't just talk; it's an AI strategy backed by action.

🏦 On Wall Street:

Firm	Rating	Target Price
Morgan Stanley	Overweight	$180
BofA	Buy	$175
Susquehanna	Buy	$190
Citi	Positive catalyst within 30 days	—
Consensus Target	Moderate Buy	$186.9

Current $116 → Consensus target implies +60% upside

A bit of hard truth:

BABA is still down 23-33% YTD, PE=26, PB, Market Cap $279bn

A company with $144bn annual revenue, holding 40% share of the China cloud market, self-developed AI chips, and acting as a cash flow machine…
At this valuation, do you think it's expensive?

Or is the market just determined to discount Chinese assets until no one believes in them anymore? 🤡

My view:

The catalyst this week isn't short-term noise; it's Alibaba's identity shift from an e-commerce company to an AI infrastructure company.

$53bn poured into AI, self-developed chips, trillion-parameter models, and global data centers.
This isn't defense; it's offense.

When the market wakes up one day to realize:
'Wait, BABA isn't an e-commerce stock; it's an AI company.'

Then the valuation… won't be just 26x PE 🤷

📌 What to watch next:
- ⁹⁄₂₄ Trump-Xi meeting — Semiconductor sanctions topic
- Any more surprises from the Apsara Conference in the next two days
- Q2 Earnings: Can Alibaba Cloud growth exceed 50%?