baba AI related revenue growth 3 digits YOY

The bright spot in BABA's ER report

1. AI related growth is explosive. It has seen tripe digits growth  yoy for 8 quarters.

2. cloud revenue grew 26% yoy

3. Launching in-house designed AI inference chip

 

It is very cheap vs. US peer.

 

I do own BABA through some ETF, not directly. 

Not a trade recommendation.