Market Chatter: Alibaba Cloud Refutes Claims of Large Order of Cambricon GPUs
MT Newswires Live
Sep 02
Alibaba Group's (HKG:9988) cloud unit denied claims that it placed a large order of Cambricon Technologies' (SHA:688256) graphics processing units, according to media reports on Monday.
Several reports claimed that Alibaba Cloud had placed an additional order for 150,000 Siyuan 370 chips for its internal needs, but a company representative clarified that the reported procurement volume was inaccurate, Hong Kong's The Standard reported.
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