Alibaba Rallies 11.2% on UBS, Jefferies AI Forecasts and Nvidia H200 Access
BABA•Alibaba shares jumped 11.2% Wednesday, their strongest one-day gain in nearly a year, after UBS and Jefferies projected robust Q1 cloud-computing and AI revenue growth. Reports that China may approve limited allocations of Nvidia H200 chips for Alibaba and peers reinforced AI-business optimism despite tight supply caps.
1. Shares Surge on AI and Cloud Outlook
Alibaba stock climbed 11.2% on July 8, marking its biggest one-day advance since August 2025 after UBS and Jefferies issued bullish notes forecasting stronger-than-expected Q1 revenue from the company’s cloud-computing and AI segments, driven by improved margins and enterprise demand.
2. China Mulls Limited Nvidia H200 Chip Allocations
Chinese regulators are reportedly considering granting Alibaba and other leading tech firms restricted access to Nvidia’s H200 AI processors, easing hardware bottlenecks for its AI cloud services but imposing strict quotas that could limit capacity expansion.
3. Insider Selling by Alibaba President
Alibaba President Joe Tsai completed a large discretionary sale of company shares last week, a rare insider disposition that investors view as a neutral signal but will monitor alongside broader insider activity for signs of confidence in the outlook.
