Alibaba Sinks 8% on Report U.S. Is Finalizing Curbs on China’s Remote AI Chip Access; Baidu Falls 4%, PDD Slides 3%
U.S.-listed Chinese tech stocks are under pressure as Washington moves closer to closing a key path to advanced AI chips. Alibaba (NYSE:BABA | BABA Price Prediction) stock is at $93.44 in early trading…