Alibaba Group Holding, China’s e-commerce and artificial intelligence powerhouse, on Thursday for the first time disclosed the production progress of its T-Head chip unit, as quarterly results missed estimates.
It reported a 2 per cent year-on-year increase in revenue to 284.8 billion yuan (US$40.7 billion) for the December quarter, but missed the 289.8 billion yuan consensus forecast compiled by Bloomberg.
The company also “brought its proprietary GPU [graphics processing unit] into production…
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