Alibaba (NYSE: BABA) saw gains as investors view it as a winner in AI. Founder Jack Ma’s return signals improved relations with Beijing. Stock finished September up 32%, showing positive momentum. Alibaba is developing its own AI chips and expanding data centers. Expect further growth in the AI sector.

Investors are moving back into Alibaba after it was off-limits due to Beijing’s tech crackdown. The company received price target hikes and bullish analyst notes. Alibaba’s partnership with Nvidia and plans for increased AI spending show promise. Stock remains affordable compared to U.S. counterparts. Consider potential for continued gains.

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Read more at Nasdaq: Why Alibaba Stock Climbed 32% in September