Nvidia, XPeng Join Alibaba's Apsara Conference to Showcase AI Tech Advancements
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 25 2024
0mins
Source: Benzinga
Apsara Conference Highlights: Alibaba's Apsara Conference, now in its 16th year, attracted over 280 companies and 90,000 attendees, showcasing advancements in AI despite U.S. technology sanctions limiting access to advanced chips.
Investment and Growth: Alibaba is heavily investing in its own AI developments and supporting various Chinese AI start-ups, while also collaborating with foreign firms like Nvidia to enhance autonomous driving technologies, contributing to a significant rise in its stock value.
Analyst Views on GVIP
Wall Street analysts forecast GVIP stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for GVIP is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Analyst Rating
0 Buy
0 Hold
0 Sell
Current: 159.360
Low
Averages
High
Current: 159.360
Low
Averages
High
No data
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
