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Alibaba's New AI Chip Sparks Nvidia Dip, But Ross Gerber Calls It 'Laughable' Posturing To Still Secure Blackwell Sales

Market Impact

Ananya Gairola

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August 30, 2025

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Benzinga

Alibaba's new AI chip aimed at reducing reliance on Nvidia sent the chipmaker's stock lower Friday, but investor Ross Gerber dismissed the move as "laughable" posturing that won't diminish demand for Nvidia's Blackwell GPUs.

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