Alibaba plans Hong Kong listing for T-Head chip unit
cnbc.com reported Nov 11, 03:08 UTC that Alibaba plans to list T-Head, its Nvidia chip rival, and noted it filed confidentially on Sept. 11 to list T-Head on the Hong Kong Stock Exchange.
Developing storyNov 10: CNBC's Seema Mody discusses Nvidia and CoreWeave on 'Squawk on the Street'3 reports · latest 10h agoTimeline →What happened
Cnbc.com reported Nov 11, 03:08 UTC that Alibaba announces plans to list T-Head, its Nvidia chip rival. The item identifies T-Head as the unit in question and frames the move as a planned listing.
cnbc.com said Alibaba noted it had already filed confidentially on Sept. 11 to list T-Head on the Hong Kong Stock Exchange.
Stocks market context
As of Nov 10, 21:00 UTC (Finnhub), market prices and moves from the prior close were: SPY ETF $749.92 fell 0.37% from the prior close and QQQ ETF $674.76 fell 0.68% from the prior close; NVIDIA $168.89 fell 5.47% from the prior close; Apple $348.51 fell 0.62% from the prior close; Microsoft $533.16 fell 2.20% from the prior close; Amazon $270.87 rose 1.48% from the prior close; Alphabet $287.38 fell 0.27% from the prior close. Meta Platforms $641.39 and JPMorgan Chase $342.07 were little changed from the prior close; Tesla $379.78 rose 0.46% from the prior close.
| Instrument | Last | Change | Basis | As of | Source |
|---|---|---|---|---|---|
| S&P 500 (via SPY ETF) | $749.92 | -0.37% | vs prior close | Nov 10, 21:00 UTC | Finnhub |
| Nasdaq 100 (via QQQ ETF) | $674.76 | -0.68% | vs prior close | Nov 10, 21:00 UTC | Finnhub |
| NVIDIA | $168.89 | -5.47% | vs prior close | Nov 10, 21:00 UTC | Finnhub |
| Apple | $348.51 | -0.62% | vs prior close | Nov 10, 21:00 UTC | Finnhub |
| Microsoft | $533.16 | -2.20% | vs prior close | Nov 10, 21:00 UTC | Finnhub |
| Amazon | $270.87 | +1.48% | vs prior close | Nov 10, 21:00 UTC | Finnhub |
| Alphabet | $287.38 | -0.27% | vs prior close | Nov 10, 21:00 UTC | Finnhub |
| Meta Platforms | $641.39 | 0.00% | vs prior close | Nov 10, 21:00 UTC | Finnhub |
| Tesla | $379.78 | +0.46% | vs prior close | Nov 10, 21:00 UTC | Finnhub |
| JPMorgan Chase | $342.07 | 0.00% | vs prior close | Nov 10, 21:00 UTC | Finnhub |
Related coverage
Yahoo published an article on Nov 10 examining key person risk at US AI chip stocks beyond Nvidia. CNBC ran analysis on Nov 10 about chip stocks rallying amid the Nvidia scandal and also published a piece discussing what Nvidia means to CoreWeave.
- Alibaba announces plans to list T-Head, its Nvidia chip rival — cnbc.com, Nov 11, 03:08 UTC
- 3 US AI Chip Stocks Beyond Nvidia Stock Key Person Risk — Yahoo, Nov 10, 04:32 UTC
- 'Markets bottom on bad news' maxim rings true as chip stocks rally amid Nvidia scandal — CNBC, Nov 10, 13:19 UTC
- TSMC Sales Jump Again -- Nvidia and Apple Orders Keep the AI Chip Boom Going — Yahoo, Nov 10, 11:10 UTC
- What Nvidia means to CoreWeave — CNBC, Nov 10, 12:04 UTC
What to watch
AMAT Q4 2026 earnings is scheduled Thu Nov 12 (after the close) and CSCO Q1 2027 earnings is scheduled Thu Nov 12 (after the close). These events are listed next on the upcoming calendar.
- Thu Nov 12 (before the open) — M Q3 2026 earnings · EPS estimate -0.18
- Thu Nov 12 (before the open) — KSS Q3 2026 earnings · EPS estimate 0.00
- Thu Nov 12 (after the close) — CSCO Q1 2027 earnings · EPS estimate 1.35
- Thu Nov 12 (after the close) — AMAT Q4 2026 earnings · EPS estimate 4.13
- Thu Nov 12 (after the close) — ROST Q3 2026 earnings · EPS estimate 1.87
- Thu Nov 12 (after the close) — NU Q3 2026 earnings · EPS estimate 0.23
Sources and data
- cnbc.com (secondary source) — Alibaba announces plans to list T-Head, its Nvidia chip rival
- Yahoo (secondary source) — 3 US AI Chip Stocks Beyond Nvidia Stock Key Person Risk
- CNBC (secondary source) — 'Markets bottom on bad news' maxim rings true as chip stocks rally amid Nvidia scandal
- Finnhub (market data) — market data
Market data as of Nov 10, 21:00 UTC; report generated Nov 11, 03:40 UTC. All times are UTC. Each table row shows its own timestamp and provider.
This report was produced by the MarketAlleys Research Desk using automated data processing and language tools from the sources listed above, and checked against our automated-content validation rules. It is for information only and is not investment advice.
Terms in this article
Price-to-earnings ratio (P/E)
Share price divided by earnings per share.
Exchange-traded fund (ETF)
A fund that trades on a stock exchange like a share, usually tracking an index, sector, commodity or strategy.
S&P 500
A float-adjusted, market-cap-weighted index of about 500 leading US companies selected by a committee at S&P Dow Jones Indices.
Earnings per share (EPS)
A company's net profit attributable to ordinary shareholders divided by its average number of shares.
Sources & data
- cnbc.com (secondary, retrieved Nov 11, 2026, 03:42 AM UTC)
- Yahoo (secondary, retrieved Nov 11, 2026, 03:42 AM UTC)
- CNBC (secondary, retrieved Nov 11, 2026, 03:42 AM UTC)
- Finnhub (market-data, retrieved Nov 11, 2026, 03:42 AM UTC)
Market data as of Nov 10, 2026, 09:00 PM UTC.
This report was produced by the MarketAlleys Research Desk using automated data processing and language tools, built only from the cited sources and validated by rules described in our methodology. Spot an error? Request a correction.
Ask about this story
Questions are answered only from this article and the sources it cites.
MarketAlleys provides news and analysis for information only; it is not investment advice or a recommendation to buy or sell any security. Markets involve risk. Risk disclaimer.
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