Ali Wu Yongming: Pingtouge chip annual revenue scale exceeds 10 billion yuan, IPO is not ruled out, but no specific timing is given.

date
19/03/2026
On March 19, during the analyst call for Alibaba Group's Q3 financial report for the 2026 fiscal year, CEO Wu Yongming stated that Pingtouge has already achieved successful commercialization, with the scale of its chips exceeding 470,000 pieces and annual revenue scale exceeding billions. In 2026 and 2027, the high-quality AI chip production scale of Pingtouge will continue to expand, providing sufficient computing power guarantee for the Group's AI business. He also mentioned that Pingtouge does not rule out going public in the future, but there is currently no specific timing for it.