Alibaba Shares Surge After Announcing Major AI Investments
Sep 24, 2025
Alibaba's shares rose sharply on Wednesday, gaining over 6% in Hong Kong trading, after CEO Eddie Wu announced plans to increase spending on artificial intelligence (AI). The company's year-to-date gains have now exceeded 100%, reaching their highest levels in several years.
The spike in Alibaba's stock price followed the launch of Qwen3-Max, a new AI product, and news that the company will partner with US chipmaker Nvidia to integrate advanced AI tools into its cloud platform. This marks a significant step for Alibaba in enhancing its AI and cloud services offerings.
Investor interest in Alibaba has also been boosted by recent purchases from high-profile investors, including Cathie Wood, who bought Alibaba stock for the first time since 2021. Reports suggest that Alibaba’s business is seeing renewed optimism, helped by leadership changes and a focus on technology.
Why did Alibaba's stock price rise so much?
The stock climbed after Alibaba announced plans to increase investment in artificial intelligence, launched a new AI product, and revealed a new partnership with Nvidia for its cloud platform.
What is the Qwen3-Max AI?
Qwen3-Max is Alibaba's recently launched artificial intelligence product, which is part of the company’s efforts to expand its AI capabilities.
Why is the partnership with Nvidia important?
Nvidia is a leading US chipmaker known for its AI technology. By working with Nvidia, Alibaba strengthens its cloud and AI services, making them more powerful and competitive.
Who is Eddie Wu?
Eddie Wu is the Chief Executive Officer of Alibaba Group.
Sources
Alibaba shares rise over 6% after CEO unveils plans to boost AI spending
CNBC
CNBC
Hong Kong-listed shares of Alibaba jumped over 6% Wednesday, while the company's total gains year to date breached 107%. The spike came after Chief Executive Officer Eddie Wu said the company planned to raise spending in its artificial intelligence businesses.
Alibaba stock rallies 8% after Qwen3-Max AI launch: here's what analysts say
Invezz
Invezz
Alibaba stock jumped nearly 8% in pre-market trading on Wednesday, a sudden spike that grabbed the attention of investors amid broader hopes for the Chinese tech sector. The rally puts Alibaba close to its highest levels in years, fueled by news of big moves in artificial intelligence and cloud serv...
Alibaba stock is flying higher, two days after Cathie Wood's first purchase sinc...
Market Watch
Market Watch
Tech investor Cathie Wood this week bought Alibaba stock for the first time in four years, and it's already turning out to be a good investment.
Alibaba integrates Nvidia AI into cloud platform
Invezz
Invezz
Alibaba Group is expanding its artificial intelligence push by integrating Nvidia's physical AI tools into its cloud platform, marking one of the most significant collaborations between a Chinese cloud provider and a US chipmaker.
Alibaba Stock Soars on AI Spending Hike. It's Not Been This Hot Since 2017 And C...
Barrons
Barrons
The Chinese tech giant is in the midst of its best year in almost a decade. The return of founder Jack Ma in an informal leadership role could drive it higher.
Alibaba surges 9% premarket as AI spending plans widen
Proactive Investors
Proactive Investors
The global race to dominate artificial intelligence is forcing tech giants to spend at unprecedented levels, and Alibaba Group (NYSE:BABA) is the latest to signal it will go further. Shares in the Chinese group jumped 9% in US premarket trading on Wednesday after chief executive Eddie Wu said the co...
Alibaba Shares Jump on Plan to Boost AI Spending Beyond $53B
Investopedia
Investopedia
China's top tech firm is spending even more than it originally planned on AI, turning up the heat on U.S. chip giants like Nvidia (NVDA) in the race to dominate the technology.
Alibaba Shares Jump as AI Budget Soars Past $50 Billion
Bloomberg Markets and Finance
Bloomberg Markets and Finance
Shares of Alibaba Group Holding Ltd. surged to their highest in nearly four years as the company revealed plans to ramp up AI spending past an original $50 billion-plus target.
Alibaba's $53 Billion AI Blitz Ignites Stock Rally With Nvidia As the Secret Sau...
24/7 Wall Street
24/7 Wall Street
Alibaba Group ( NYSE:BABA ) shares are exploding higher this morning, surging 8.5% in morning trading to over $177 per share, marking a continuation of a stunning turnaround for the Chinese e-commerce behemoth.
Should You Buy Alibaba ETFs as Stock Surges on AI Investment Push?
Zacks Investment Research
Zacks Investment Research
Alibaba BABA shares surged to their highest price in nearly four years after unveiling renewed plans to boost artificial intelligence (AI) spending beyond its original $50 billion-plus commitment, per a Bloomberg article, as quoted on Yahoo Finance. Chief Executive Officer Eddie Wu forecasted that g...
Cathie Wood Bought Alibaba Stock Days Before Its Surge. ARK Is Betting on China...
Barrons
Barrons
Timing is everything when it comes to investing. Just look at ARK Invest's purchase of Alibaba stock earlier this week.
Alibaba Stock Hits 3-Year High on AI Spending Plans
Schaeffers Research
Schaeffers Research
Alibaba Group Holding Ltd (NYSE:BABA) is up 8.7% to trade at $177.21 at last check, after the China-based e-commerce giant announced it would hike AI spending on models as well as infrastructure beyond $50 billion.
Alibaba stock soars on AI spending plans, strategist talks AI-driven market bubb...
Yahoo Finance
Yahoo Finance
Morning Brief anchor Julie Hyman breaks down the latest market news for September 24, 2025. Alibaba stock soared to a four-year high after it unveiled its AI plans.
Is Alibaba The Next Best AI Play
Seeking Alpha
Seeking Alpha
Alibaba Group Holding Limited stock remains a Buy in my books. I see upside ahead driven by its aggressive AI and cloud expansion, which now serve as its primary growth engines. Recent announcements include a new trillion-parameter AI model, global data center expansion, and the integration of Nvidi...
BABA's Free Cash Flow Turns Negative: Can Heavy Spending Pay Off?
Zacks Investment Research
Zacks Investment Research
Alibaba's free cash flow flips negative as it ramps up AI and instant commerce investments, betting big on long-term growth.
BABA Building More A.I. Infrastructure, Hits 4-Year High
Alibaba (BABA) says it is dedicating over $50 billion to building out its A.I. infrastructure, sending the stock soaring to a four-year high.
Why Alibaba Stock Jumped Today
The Motley Fool
The Motley Fool
The rally in Alibaba (BABA 8.93%) stock continued today after the Chinese tech giant just announced plans to ramp up its spending on artificial intelligence (AI). That's been a winning approach for American tech stocks, so it wasn't a surprise to see Alibaba jump on the news.
Alibaba jumps on AI spending boost
CNBC Television
CNBC Television
CNBC's Kristina Partinsevelos joins 'Squawk on the Street' with the latest news on Alibaba's new AI spending.
Alibaba shares soar to four-year high on AI spending boost news
CNBC Television
CNBC Television
CNBC's Kristina Partsinevelos reports on the latest news regarding Alibaba.
What to know about Alibaba's AI investing plans
CNBC Television
CNBC Television
CNBC's Eunice Yoon reports on Alibaba's stock market action as the company invests more in artificial intelligence.
Alibaba: Time For A Higher Valuation
Seeking Alpha
Seeking Alpha
Alibaba has outperformed expectations, with a 36% stock price increase since May 2025, driven by significant AI advancements. The company's AI related developments, including the Qwen model, cloud investments, and triple-digit AI product revenue growth have triggered notable stock rallies. It's time...
China's AI Boom Could Outlast the U.S. Why Alibaba's Bet Is Just the Start.
Barrons
Barrons
China has set a goal of becoming an “intelligent economy” and “intelligent society” by 2035.
Wall Street Gets Giddy Over This Hyperscale AI Infrastructure Stock
Investors Business Daily
Investors Business Daily
AI needs of Microsoft, Meta, and Alphabet help fuel demand for stock of new S&P 500 member and AI infrastructure play Emcor.
Alibaba Surges 107% After Boosting AI Budget Beyond $50 Billion And Reporting St...
Benzinga
Benzinga
Alibaba Group (NYSE: BABA) stock climbed to its highest level in nearly four years after the company announced it would increase artificial intelligence spending beyond its previously disclosed $50 billion-plus target. The stock is trading lower on Thursday, but it is still up 107% year-to-date, sur...
The Hunt for AI Gains Is Lifting Chinese Stocks. Here's What You Need to Know.
Investopedia
Investopedia
As the U.S. wrestles China for AI dominance, investors are playing both sides.
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