Alibaba to list chip unit T-Head

Alibaba won the Hong Kong exchange's go-ahead on Tuesday November 10 to spin off T-Head. It gave no date or size for the offering. Chinese firms are building their own chips as U.S. rules limit their access to chips from NVIDIA (NVDA). Sheldon Whitehouse, Nancy Pelosi, AI Infrastructure & Compute, David Tepper and John Fetterman hold NVDA.