SERDAR HOCAM
SERDAR HOCAM
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Alibaba Plans IPO for Semiconductor Arm T-Head in Hong Kong

Serdar HocamAuthor & Editor

Alibaba Group Holding is preparing to take its chip design unit T-Head public in Hong Kong, aiming to raise between $2 billion and $3 billion.

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Amid Nvidia saga, T-Head IPO crucial for Alibaba – and Chinese AI

Alibaba Group Holding aims to raise between $2 billion and $3 billion as part of its plan to list its semiconductor design unit, T-Head, on the Hong Kong Stock Exchange. This move is expected to transform China's artificial intelligence hardware market and boost the company's valuation.

Alibaba Group Holding's initiative to take its semiconductor design arm T-Head public in Hong Kong aims to unlock the potential in the company's market valuation. Following the announcement, Alibaba's shares trading in Hong Kong dropped by about 1 percent on Wednesday to 100.60 Hong Kong dollars.

According to a Reuters report, T-Head is targeting between $2 billion and $3 billion in funding during the IPO process. Founded in 2018, the company works closely with Alibaba Cloud and receives support from the group's e-commerce profits. Mass production and commercial release of its flagship V900 processor are planned for the first quarter of 2027.

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