Chinese technology giant Alibaba announced that he began the process of separating and stockpiling the T-Head semiconductor branch in Hong Kong, which specializes in developing integrated computing solutions for data centers.
© Lusa
11/11/2026
by
Lusa
O chinese technology giant Alibaba announced that it began the process to separate and stock up in Hong Kong, the T-Head semiconductor branch, specializing in the development of integrated computing solutions for data centers.
According to the Chinese news portal The Paper, the operation could reach between two and three billion dollars (from 1.8 to 2.7 billion euros).
In a statement sent on Tuesday to the Hong Kong Stock Exchange, where it is also listed, Alibaba explained that the operation aims to enable T-Head to obtain funding independently, increase its visibility from strategic customers and partners and facilitate commercial expansion.
The group clarified, however, that the amounts or dates of the initial public offer have not yet been defined, nor will the participation it will maintain in T-Head, although it will continue to control the subsidiary after the sale of shares.
Alibaba, whose main business is still e-commerce, despite the growing stake in artificial intelligence (IA), obtained a waiver from the Hong Kong Stock Exchange regarding the obligation to grant preferential rights to current shareholders in the context of the operation.
The file, the initial application of which was submitted confidentially two months ago, remains subject to the approval of the regulatory authorities.
Founded in 2018, T-Head develops processors, semiconductors for servers and other components, and also has its own chip design platform.
The company has become a strategic subsidiary for Alibaba, both in cost reduction and in ensuring the supply of semiconductors, at a time when the group identifies artificial intelligence as one of the main pillars of its growth.