🌟🌟🌟I am excited by the latest news that $BABA-W(09988.HK)has just unveiled its new AI chip - the Zhenwu V900 AI accelerator chip. This new custom chip triples the performance of its predecessor and can scale into monolithic clusters of 500,000 units to train frontier AI models surpassing 5 to 10 trillion parameters.
Buying Alibaba now is like purchasing a massive state of the art logistics fortress that the market has mistakenly priced as a struggling corner convenience store.
While the US AI favourites like $NVIDIA(NVDA.US)trade at eye watering valuation multiples above 30x sales, Alibaba is trading at a forward P/E ratio of 9.2x.
Here in Singapore we are lucky that we can also buy Alibaba SDR $Alibaba HK SDR 5to1(HBBD.SG)without having to worry about conversion rates and receive dividends in Singapore dollars too.
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