Market Insight : Alibaba and Baidu Embrace Chinese AI Chips Amid Nvidia Supply Crunch Due to US Sanctions
Market Insight : Alibaba and Baidu Embrace Chinese AI Chips Amid Nvidia Supply Crunch Due to US Sanctions Company Overview The article highlights Chinese technology giants such as Alibaba , Baidu , and Tencent Holdings turning to Chinese-made AI chips. This movement stems from supply-chain challenges faced due to U.S. export sanctions impacting Nvidia , a key supplier of AI semiconductor chips. The adoption of local AI chips aims to mitigate impact on AI development and maintain technological growth despite international restrictions. Technical Indicator Breakdown and Analysis (as of 2025-05-30) EMA12: 132.87083 - The 12-day Exponential Moving Average (EMA) shows the short-term momentum trend. EMA26: 126.46078 - The 26-day EMA represents the longer-term momentum, used together with EMA12 for trend identification. MACD: 6.41005 - The Moving Average Convergence Divergence (MACD) value indicates positive momentum as the short-term EMA is above the long-term EMA. RSI: ...